
Farmers’ leader Kurubur Shanthakumar disappointed by Union Budget 2023
The Hindu
He pointed out that the Minimum Support Price (MSP) guarantee scheme as well as the interest-free agriculture loan scheme for farmers were not mentioned
Farmers’ leader Kurubur Shanthakumar termed the Union Budget presented by Finance Minister Nirmala Sitharaman on February 1 as ‘disappointing’.
Though he welcomed the announcement to provide financial assistance of ₹5,300 crore for the Upper Bhadra project in the drought-prone central Karnataka region and the emphasis on cultivation of millets, besides the extension of free food grain scheme to the poor by one more year, Mr Shanthakumar pointed out that the budget does not provide any project to prevent migration of farmers’ children to urban areas.
Besides, the Minimum Support Price (MSP) guarantee scheme as well as the interest-free agriculture loan scheme for farmers were not mentioned.
The budget appears to be ‘middle class’ friendly, and makes no effort to address the concerns of farmers, lamented Mr Shanthakumar, who is president of Federation of Farmers’ Associations of Karnataka as well as president of Karnataka Sugarcane Growers’ Association.
Before presentation of the budget, Mr Shanthakumar had pointed out that the MSP guarantee scheme had been assured by Prime Minister Narendra Modi during a farmers’ rally in New Delhi. Even though more than a year had passed since then, the Centre had not taken any step to implement the scheme.
Mr Shanthakumar had also urged the Union Government to do away with GST on agricultural produce, fertilizers, pesticides and irrigation-related equipment.

Although students from Tamil Nadu remain the leading recipients of educational loans across India, there has been a significant decline in the number of active loans they hold. The number of active education loan accounts decreased from 27.4 lakh accounts to about 20.1 lakh in the period. The fall can be mostly attributed to the fall in Tamil Nadu’s numbers.












