Mumbai : The Centre is planning to introduce Direct Payment Deficiency System (DPDS) to help the cotton farmers have better realisation of their produce when market rate rules below the minimum support price (MSP).
“We are planning to launch the pilot of DPDS during the current cotton season at Hinganghat in Wardha district of Maharashtra. 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”, Textile Commissioner of India Kavita Gupta told reporters here.
If the pilot is successful, the DPDS will be rolled out in all cotton-growing regions.
