National

Modi Government raises wheat purchase price amid farmer’s protest

PM Narendra Modi

New Delhi:  Narendra Modi led Centre government today increased the purchase price of new seasons wheat by 2% to Rs 2,015 per 100 kg. The country is the world’s second largest wheat consumer and sets a price each year to protect farmers from distress sales and to cover their emergency needs. Even though the price raised by the Modi government is by 2 percent, yet it’s a lowest in the decade.

The minimum support price (MSP) for mustard seed has been raised by Rs 400 to Rs 5,050 per quintal for the current crop year.

MSP is a rate that government buys grain from the farmer Currently, the government fixes MSPs for 23 crops grown in both kharif which is summer and rabi which is winter sowing seasons.

Apparently this move comes amid the ongoing protest by farmers against three new farm laws. Farmers believes that these new laws will give control to the private firms over the agricultural produce.

Even though the centre agrees to come halfway by amending the law, the farmers don’t seem to agree on it as they demand the complete repeal of all laws.

 The decision to raise the MSP was taken at a meeting of the Cabinet Committee on Economic Affairs or CCEA chaired by Prime Minister Narendra Modi.

In a statement given by the CCEA, The CCEA said the MSP has been raised to encourage crop diversification as the return to farmers over their cost of production are estimated to be highest in case of wheat, rapeseed and mustard, followed by lentil, gram, barley and safflower.

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Fodder scam: Lalu Prasad Get Five Years In Jail, ₹60 Lakh Fine

Aleesha Sam

Ranchi: Yadav has been found guilty of illegal withdrawals of ₹139.35 crore from the Doranda treasury by a special CBI court in Jharkhand’s Ranchi.

A special CBI court on Monday sentenced RJD leader Lalu Prasad Yadav to five years’ imprisonment and imposed ₹60 lakh fine on him in the fifth fodder scam case, reported news agency ANI.

Last Tuesday, the court held the former Bihar chief minister and others guilty in the fifth fodder scam case, pertaining to illegal withdrawal of ₹139.35 crore from the Doranda treasury in Jharkhand.

The ailing 73-year-old politician, who was shifted to the Rajendra Institute of Medical Sciences (RIMS), Ranchi, from Hotwar jail following the conviction on Tuesday, was earlier sentenced to 14 years in jail in four other cases related to Dumka, Deoghar and Chaibasa treasuries in Jharkhand.

He was out on bail in those cases till Tuesday when he was again sent to jail after being convicted in Doranda treasury case. The sixth case in which Lalu Prasad is an accused relates to withdrawals from Banka treasury in Bihar and it is still under trial.

The fodder scam case pertains to illegal withdrawals worth ₹950 crore from various government treasuries for fictitious expenditure on fodder and other requirements for cattle during Lalu Prasad’s term as Bihar chief minister.

The CBI registered 53 separate cases in 1996 after the matter was first unearthed by then Chaibasa deputy commissioner Amit Khare.

One more case linked to the fodder scam is pending before the CBI court in Patna. The case is on the illegal withdrawal of money from the Bank-Bhagalpur treasury.

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