Vidarbha Package: Too Little, Too Late

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Vidarbha Package: Too Little, Too Late
Vidarbha Package: Too Little, Too Late
  • Interest on outstanding debt from banks has been waived. But the bigger problem of debts to private moneylenders has been ignored.
  • Problem of high input costs vis-a-vis Bt Cotton not looked into.
  • The Congress' pre-poll promise was to keep the minimum support price at Rs 2,400 per quintal. It has actually come down to Rs 1,700.
  • Import duty on cotton stands at 10% while sugar attracts 60%. This has led to huge cotton imports pushing the farmer out of the market.

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