“Cotton cultivators would get Rs 6,800 per hectare through National Disaster Response Fund (NDRF) and Rs 8,000 per hectare from crop insurance,” state agriculture minister Pandurang Fundkar said while announcing the compensation package.
The minister added that farmers would also get Rs 16,000 per hectare for up to two hectares under the Maharashtra Cotton Seeds (Regulation of Supply, Distribution, Sale and Fixation of Sale Price) Act, 2009.
Further, cotton farmers in the state would be given bonus of Rs 200 per quintal, with a maximum limit of 50 quintals, he said in the state Assembly. (RKS)
ALCHEMPro News Desk – India
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