‘Farmers set to lose ₹35,968 cr in top 7 crops this season’ | Business Line

Ahead of the countrywide farmers’ rally in the Capital on November 20, the All India Kisan Sangharsh Coordination Committee (AIKSCC), a nationwide coalition of over 180 farmer organisations, on Thursday announced its “#KisanKiLoot” (Looting the Farmer) campaign.

Citing a study of crop prices across the country this season, the AIKSCC said “considering the top seven crops (paddy, maize, soybean, cotton, bajra, groundnut and urad), the arrivals in mandis so far and the actual market prices, farmers have lost ₹6,283 crore compared with the minimum support price (MSP).”

Considering the total crop that would be sold by farmers this season (marketable surplus), the estimated loss of farmers compared with MSP is ₹35,968 crore, said AIKSCC, adding that these are the “most conservative estimates because the actual prices obtained by the farmers in many cases are much below the official APMC market prices used in these estimates.”

“The #KisanKiLoot campaign intends to showcase to the nation how farmers are being denied remunerative prices after all the hardships and risks that they face in producing food for the nation,” AIKCC said in a statement, after a press conference by VM Singh, Raju Shetty of Swabhimani Shetkari Sangathan; Yogendra Yadav of Swaraj Abhiyan; Hannan Mollah of All India Kisan Sabha; Medha Patkar of National Alliance of People’s Movements; Sunilam of Kisan Sangharsh Samiti, Ashish Mitttal of All India Kisan Mazdoor Sabha; Avik Saha of Jai Kisan Andolan; Kirankumar Vissa of Rythu Swarajya Vedika, among others.

Source: ‘Farmers set to lose ₹35,968 cr in top 7 crops this season’ | Business Line