
The Gujarat government has announced a bonus of Rs 100 per 20 kg for cotton to be paid to farmers. The bonus will be paid over and above the minimum support price (MSP) declared by the government.
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The Gujarat government has announced a bonus of Rs 100 per 20 kg for cotton to be paid to farmers. The bonus will be paid over and above the minimum support price (MSP) declared by the government.
A group of MPs from Telangana, led by the state’s irrigation minister T Harish Rao, recently asked Union minister Smriti Irani to instruct the Cotton Corporation of India to open more purchase centres in the state.
The Telangana government will for the first time purchase cotton from farmers to provide them remunerative prices for their produce and to establish ginning factories in the state.
There is no shortage of cotton and yarn in the country, and the Central Government reviews the cotton availability position from time to time, minister of state for textiles Ajay Tamta has said.
The area under cotton cultivation is likely to increase by at least 20 per cent to 17.5 lakh hectares in Telangana during the current kharif season, compared to the fibre grown on 14.10 lakh hectares last year.
The Telangana state government has urged the Centre to open 150 business centres of Cotton Corporation of India (CCI) to enable farmers to sell their produce.
Cotton planting in India, is likely to rise by 15 percent in the 2017/18 marketing season to a three-year high as farmers switch away from other crops, likely boosting cotton production and exports.
Producing contamination free cotton is the biggest task for the country, according to the Cotton Corporation of India (CCI), resulting in the sale of Indian cotton at discounted rates
The cotton textile industry in southern India has hailed textile minister Smriti Irani for announcing unique terms and conditions for procuring cotton from Cotton Corporation of India.
Cotton Association of India has objected to the textile industry’s move urging the Central government to create a buffer stock of cotton.