Punjab cotton growers have demanded compensation for the cotton crop damaged in the state due to water logging in the Malwa belt of Punjab. In a representation to the Prime Minister, Manmohan Singh, Punjab Cotton Factories and Ginning Association has demanded that government should compensate farmers at the rate of Rs 10,000 per acre.
President of the Association, Bhagwan Dass Bansal told FE on Friday that cotton yield from one acre of land on an average was about 15 quintals which at current rates was valued at about Rs 30,000 per acre, the government should compensate at least by one third of the expected price that farmers were likely to get.
He said the Association had also taken up the issue with chief minister, Parkash Singh Badal and had asked him to “order videography of the entire belt where cotton crop had suffered a heavy loss”.