Govt reviews cotton availability position from time to time to avoid shortage

Related Keywords: avoid shortage, control fluctuation, cotton availability position, cotton prices, cotton season, directed Cotton Corporation of India, domestic mills, ensure availability of cotton, from time to time, Government of India, government reviews, Micro Small Medium Enterprise category, purchased under MSP, sell its stock of cotton, spinning mills

New Delhi
Govt reviews cotton availability position from time to time to avoid shortage
Summary: 
Government of India to control fluctuation in cotton prices and ensure availability of cotton for domestic mills has directed Cotton Corporation of India Ltd. to sell its stock of cotton (cotton season 2015-16), purchased under MSP, to Spinning Mills in the Micro Small Medium Enterprise (MSME) category.

Government of India to control fluctuation in cotton prices and ensure availability of cotton for domestic mills has directed Cotton Corporation of India Ltd. to sell its stock of cotton (cotton season 2015-16), purchased under MSP, to Spinning Mills in the Micro Small Medium Enterprise (MSME) category.

The Minister of State, Textiles, Ajay Tamta in a written reply to a Lok Sabha question said that government reviews the cotton availability position from time to time.

http://knnindia.co.in/news/newsdetails/sectors/there-is-no-shortage-of-cottonyarn-in-the-country-textile-ministry
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SISPA urge govt to keep 50 lakh cotton bales as buffer to avoid shortage

Related Keywords: avoid shortage, benefit cotton farmers, buffer stock, enable spinning industry to grow consistently, establish secure policy measures, generate millions of jobs, keep fifty lakh cotton bales, provide additional revenue, SISPA, South Indian Spinners Association, synthetic fibre policy, urge government to bring out comprehensive cotton

Tamil Nadu
SISPA urge govt to keep 50 lakh cotton bales as buffer to avoid shortage
Summary: 
South Indian Spinners Association (SISPA) at its 25th Annual General Body Meeting urge government to bring out a comprehensive cotton and synthetic fibre policy to establish secure policy measures that would benefit cotton farmers and enable the spinning industry to grow consistently, thus generating millions of jobs and hence provide additional revenue to the exchequer.

South Indian Spinners Association (SISPA) at its 25th Annual General Body Meeting urge government to bring out a comprehensive cotton and synthetic fibre policy to establish secure policy measures that would benefit cotton farmers and enable the spinning industry to grow consistently, thus generating millions of jobs and hence provide additional revenue to the exchequer.

SISPA said that the GST Bill would benefit the entire textile chain and requested the Centre to direct departments concerned to keep 50 lakh cotton bales as buffer stock to avoid shortage.

http://www.financialexpress.com/markets/commodities/keep-50-lakh-bales-of-cotton-as-buffer-to-avoid-shortage/373926/
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