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.
