MP CM Mohan Yadav Thanks PM Modi and Union Agriculture Minister for Farmer-Friendly Decisions
Bhopal (Madhya Pradesh) [India], September 14: Madhya Pradesh Chief Minister Mohan Yadav expressed his gratitude to Prime Minister Narendra Modi and Union Agriculture Minister Shivraj Singh Chouhan for their decision to raise the basic duty on refined oil to 32 percent, benefiting farmers.
CM Yadav stated, “I would like to thank PM Modi on behalf of the state government for taking another important decision to increase the basic duty on refined oil to 32 percent. This will boost demand for oilseeds such as mustard, sunflower, groundnut, and soybeans. Coming from a region with the highest production of soybeans, this will greatly benefit our crops.”
He also thanked PM Modi and Union Agriculture Minister Shivraj Singh Chouhan for their decision, which aligns with the interests of farmers. The Madhya Pradesh Government had anticipated such measures from the Central government to support farmers. With the increase in the Minimum Support Price (MSP) for soybean crops, significant benefits are expected.
The Chief Minister further mentioned that with increased irrigation capacity in Madhya Pradesh, onion production has risen significantly. The Modi government has reduced the export duty on onions from 40 percent to 20 percent, which will boost onion exports from the state, benefiting local farmers.
“These decisions have made PM Modi popular among the public. I thank both PM Modi and the Union Agriculture Minister for their efforts. These are indeed significant decisions in the interest of farmers,” he concluded.
Madhya Pradesh is the largest soybean-producing state, accounting for about 60% of India’s total production.
Doubts Revealed
MP CM -: MP CM stands for Madhya Pradesh Chief Minister. Madhya Pradesh is a state in India, and the Chief Minister is the head of the state government.
Mohan Yadav -: Mohan Yadav is the Chief Minister of Madhya Pradesh, a state in India. He is a political leader responsible for the administration of the state.
PM Modi -: PM Modi refers to Prime Minister Narendra Modi, who is the head of the government of India. He makes important decisions for the country.
Union Agriculture Minister -: The Union Agriculture Minister is a member of the central government in India responsible for agriculture-related policies. In this context, it refers to Shivraj Singh Chouhan.
Basic duty -: Basic duty is a type of tax that is charged on goods when they are imported into a country. Raising this duty makes imported goods more expensive.
Refined oil -: Refined oil is oil that has been processed to remove impurities. It is used for cooking and other purposes.
Oilseeds -: Oilseeds are seeds used to produce oil, like mustard, sunflower, groundnut, and soybeans. Farmers grow these seeds to make cooking oil.
Export duty -: Export duty is a tax charged on goods when they are sold to other countries. Reducing this duty makes it cheaper to sell goods abroad.
Onions -: Onions are a type of vegetable commonly used in cooking. They are grown by farmers and can be sold locally or exported.
Soybean -: Soybean is a type of oilseed that is used to make oil and other products. Madhya Pradesh is the largest producer of soybeans in India.
