Some farmers’ organisations have demanded the Centre announce an income guarantee law for them to ensure a minimum income when crops fail and also when prices crash due to a bumper harvest.
To be called the Remunerative and Universal Price Yield Assurance (RUPYA) Act, the legislation would guarantee a price deficiency payment in the event of a price crash, a market intervention scheme for perishables, price stabilisation fund for plantation crops and minimum support price for pulses and oilseeds.
The organisations, under the aegis of Swaraj Abhiyan, also plan to present a parallel farmers’ budget on February 1 and hold a farmers’