The MP also said that farmers should get 50 per cent higher MSP on crops as a statutory right.
"I will move two private member bills in the Budget session of Parliament demanding that farmers be given a statutory right not to repay loans they have taken from banks and money lenders in case of an eventuality. I would also demand that farmers get 50 per cent higher MSP as a legal right," Shetti, who represents Hatkanangale Lok Sabha seat in western Maharashtra, told reporters here.
The farmer leader is currently on visit of Vidarbha region in east Maharashtra.
He blamed the government's import-export policy for the indebtedness of farmers.
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"We had discussed these two bills during 'Kisan Mukti Sansad' convened in Delhi last month wherein 180 farmer organisations from across the country took part," Shetti said.
He alleged the government failed to take any concrete action against pink bollworm infestation on crops in Vidarbha and Marathwada regions of the state.
"I was expecting that the government would take some concrete decision on the paddy and cotton losses caused to farmers due to the bollworm attack, in recently-held winter session in Nagpur," he said.
"Similarly, there is no clarity whether the Central government has approved the compensation through NDRF," Shetti said.
He said part of losses should be recovered from the concerned BT seeds companies and the government should put restrictions on them until losses are recovered.
"We are not against technology but against faulty technology which affected farmers," the MP said.
Shetti indicated launching of a massive 'Jan Andolan' (people's movement) against the "injustice meted out to farmers".
He proposed a five-week long special session for farmers in Vidarbha region.
Though he didn't mention Vidarbha, Shetti supported creation of small states for welfare of regions.
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