In response to reports of farmers facing financial losses due to the use of adulterated, substandard or misbranded seeds, insecticides and fertilizers, the Maharashtra Government on Friday introduced a bill in the legislative assembly to address the issue and provide compensation.
Expedited payment
The bill, which was introduced by Agriculture Minister Dhananjay Munde provides for the payment of compensation within a month or with an interest of 12 per cent in case of a delay. It also provides for payment of a deposit of 50 % of the compensation amount before filing of an appeal.