Farm Reform: No 'acche din' yet for Madhya Pradesh small farmers after price deficiency payment scheme
For the price compensation scheme to work, government must rein in trade cartels and fix prices right
In a move to appease the farming community after the Mandsaur incident, the Madhya Pradesh government introduced the Price Deficiency Payment scheme on a pilot basis in October under the name ‘Mukhyamantri Bhavantar Bhugtan Yojana’.Under Price Deficiency Payment (PDP), a brainchild of the NITI Aayog, farmers who sell their crops at a price below the MSP (minimum support price) are to be compensate...
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