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Government to launch the pilot of DPDS for cotton farmers

Related Keywords: below MSP, cotton farmers better realisation, current cotton season, Direct payment deficiency system, Hinganghat in Wardha district of Maharashtra, Indian government, International Cotton Advisory Committee Plenary Meeting, launch the pilot of DPDS, market rate rules, theme From Farm to Fabrice

The Centre is planning to launch the pilot of Direct Payment Deficiency System (DPDS) during the current cotton season at Hinganghat in Wardha district of Maharashtra to help the cotton farmers have better realisation of their produce when market rate rules below the minimum support price (MSP). If the pilot is successful, the DPDS will be rolled out in all cotton-growing regions.

Under this system, the farmers will directly get the difference amount between the MSP and market price, if it (the latter) is ruling below the MSP, said the Textile Commissioner of India Kavita Gupta.

Cotton crop expected to give a record yield in Vidarbha region

Related Keywords: below MSP, cotton prices, expected cotton crop, give a record yield, low demand from China, major cotton growing region, raw cotton, Vidarbha inked with agricultural crisis

Vidarbha which is always linked with agricultural crisis due to rains during the last fortnight have changed the situation. The cotton crop is now expected to give a record yield. Last year was marred by a drought and excessive rains had hit the farmers the year before.

However, experts feel that good harvest may not be met with good prices. Cotton rates are expected to reign below the minimum support price (MSP) of 4,050 a quintal. At present, lint is being quoted at 33,000 a bale, which translates into 3,700 a quintal for raw cotton.

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