 bill no lxx of  2010 the soya  bean  growers'  (remunerative  price  and welfare) bill, 2010 a billto provide for the remunerative price for the produce of the soya bean growers', insurance of soya bean crop free of cost and for their overall welfare and for matters connected therewith and incidental theretobe it enancted by parliament in the sixty-first year of the republic of india as follows:—1  (1) this act may be called the soya bean growers (remunerative price and welfare)act, 2010short title, extent and commencement(2) it extends to the whole of india5(3) it shall come into force on such date as the central government may, by notificationin the official gazette, appoint2 in this act, unless the context otherwise requires,—definitions(a) "fund" means the soya bean growers welfare fund established under section 5; and(b) "prescribed" means prescribed by rules made under this act; (c) "soya bean grower" means any persons who cultivates soya bean3 (1) it shall be the duty of the central government to procure the entire soya bean crop produced in the country through an agency to be set up for the purpose5(2) the central government shall fix the price of soya bean every year after taking into consideration,—procurement of soya bean and fixation of its remunerative price(i) the increase in the price of soya bean seeds, pesticides, fertilizers and other inputs;(ii) total investment of the soya bean growers; and (iii) such other factors as may be prescribed10c o m p u l s o r y insurance of soya bean4 the entire soya bean produced by the soya bean growers shall be compulsorily insured free of cost of the central government against natural calamities, fall in the yield of soya bean, fall in the price of soya bean and such other eventualities as may be prescribed5 (1) the central government shall set up a fund to be known as the soya bean growers' welfare fund15soya bean growers' welfare fund(2) the central government and the state government shall contribute to the fund in such ratio as may be prescribed6 the fund shall be utilised,—utilisation of fund20(a) to provide financial assistance to soya bean growers for purchasing soya bean seeds, pesticides and fertilizers, and in cases of low yields of soya bean or loss of their crops due to rains, storms, floods, hailstorms and drought;(b) to pay compensation to the next of kin of soya bean growers in the event of their death;(c) to pay life insurance premium on behalf of the soya bean growers;(d) to provide free health facilities to soya bean growers and their families;25(e) to provide assistance to the soya bean growers in the event of disability; and (f) for such other purposes as may be prescribed by the central governmentpower to make rules7 the central government may, by notification in the official gazette, make rules for carrying out the purposes of this act statement  of  objects  and  reasonssoya bean is one of the main commercial crops of the country export of this crop is not only benefiting the industry sector of the country but the government is also earning foreign currency but, soya bean growers of the country are facing problem as they are not getting remunerative price of their produce soya bean growing is proving non-profitable for the farmers due to increase in the prices of soya bean seeds, fertilizers, pesticides and other inputs due to high investment in cultivation of soya bean farmers have to go for loans and on being unable to repay loans, they are forced to commit suicide being a cash crop, insurance facility is also not available to the farmersthe condition of soya bean growers of the leading soya bean producing state of the country ie the state of madhya pradesh, is becoming pitiable farmers of the state are getting into debt trap and are on the verge of committing suicide as they are not getting remunerative price even after high investment in the soya bean crop the condition of the soya bean growers of other states is more or less the sametherefore, the responsibilities of the government is not only to fix the remunerative price of soya bean to protect the interest of the soya bean growers but also to provide for free insurance and setting up of soya bean grower welfare fund there is an urgent need of enacting a law in this regardhence, this billprabhat jha financial memorandumclause 3 of the bill provides for procurement of soya bean from soya bean growers by an agency to be set up by the central government and fixation of remunerative price for soya bean by the central government clause 4 provides for compulsory free of cost insurance by the central government of soya bean crop against natural calamities clause 5 provides for setting up of a soya bean growers' welfare fund to which the central government and the state governments shall contribute in such ratio, as may be prescribed the bill, therefore, if enacted, would involve expenditure from the consolidated fund of india it is estimated that a recurring expenditure of about rupees three thousand crore may be involved per annum a non-recurring expenditure of about rupees one thousand crore may also likely to be involved memorandum  regarding  delegated  legislationclause 7 of the bill empowers the central government to make rules to carry out the purposes of the bill it will relate to matters of details only the delegation of legislative power is of normal character rajya  sabha———— a billto provide for the remunerative price for the produce of the soya bean growers', insurance of soya bean crop free of cost and for their overall welfare and for matters connected therewith and incidental thereto————(shri prabhat jha, mp)