Do you think that Price Deficiency Payment scheme is a better solution to ensure the welfare of the farmers in the country? Comment (200 Words)
Refer - Business Line
Enrich the answer from other sources, if the question demands.
IAS Parliament 4 years
Price Deficiency Payment Scheme
· This scheme does not involve any physical procurement. The support of central government for PDPS will be given as per norms.
For welfare of Farmers
· Under PDPS, farmers are paid the difference between MSP and the modal price of the market, without actual procurement.
· It is the most efficient method, as it eliminates all logistic costs relating to procurement, storage and offloading.
· It can be operational for any crop anywhere even in the remotest parts of India. The most suitable mechanism under open and free market scenario is PDPS as it doesn’t intervene in free market operations of market players.
All information available
· All the necessary information for direct transfer of price deficiency payment like identification of farmers, land records and bank accounts are collected under PM-KISAN scheme.
· The modal price of all the APMC markets is available in AGMARKNET. The only additional information needed is the quantity sold by each farmer, which is with the State departments.
Way forward
· The implementation of PDPS is not dependent on the capacity of the government to procure through APMCs or any other agency, hence farmers’ fear of neglecting the APMC markets under the new laws will be eased.
sivasree 4 years
kindly review
IAS Parliament 4 years
Good Attempt. Try to provide sub-headings. Keep Writing.
Kumar 4 years
Hi team,
Please review the attached document
IAS Parliament 4 years
Try to emphasize more on benefits of PDPS and end the answer with a proper conclusion. Keep Writing.
SAVITA SINGH 4 years
Please review...
IAS Parliament 4 years
Avoid listing out points and try to explain them. Keep Writing.
aswin 4 years
Please review
IAS Parliament 4 years
Good attempt. Keep Writing.
Loading Comments