Finance Minister Abhimanyu told Business Standard the usual formula was compensation of Rs 12,500 an acre for 100 per cent damage, but this could be increased for cotton, as the cost of cultivation is higher.
Punjab had announced Rs 8,000 an acre for cotton farmers who lost their crop due to the whitefly pest, sparking an agitation. Farmers wanted Rs 40,000 an acre.
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The minister said field visits were being jointly done by officials of both the revenue and agriculture departments. “It might take some time, but we will come with a sufficient amount of relief,” he said.
An estimated 629,000 hectares is under cotton cultivation for the 2015-16 kharif season in Haryana.
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