Egypt's economic ministers takes a move to encourage domestic industries to purchase Egyptian cotton as well as support local farmers by giving approval to raise the subsidy for spinning companies (Private and state-run) to purchase abundant Egyptian cotton to become LE350 per quintal instead of LE200 ahead of harvest season in September. This was announced the ministry of, industry, trade and Small and Medium Enterprises (SMEs) in a statement on Tuesday.
Egypt's economic ministers takes a move to encourage domestic industries to purchase Egyptian cotton as well as support local farmers by giving approval to raise the subsidy for spinning companies (Private and state-run) to purchase abundant Egyptian cotton to become LE350 per quintal instead of LE200 ahead of harvest season in September. This was announced the ministry of, industry, trade and Small and Medium Enterprises (SMEs) in a statement on Tuesday.
Cotton sowing is almost half of the normal sowing which was done last year as farmer were able to completed sowing on some 45.2 lakh hectares of cotton growing region of the country as opposed to 92 lakh hectares last year, which is the worst situation ever for the cotton crop in the last five-six years, moreover due to delayed and scanty rainfall has caused anxious moments for farmers, said SM Kolkatkar, director, Cotton Development Board, Mumbai, and Directorate of Cotton Development.
Cotton sowing is almost half of the normal sowing which was done last year as farmer were able to completed sowing on some 45.2 lakh hectares of cotton growing region of the country as opposed to 92 lakh hectares last year, which is the worst situation ever for the cotton crop in the last five-six years, moreover due to delayed and scanty rainfall has caused anxious moments for farmers, said SM Kolkatkar, director, Cotton Development Board, Mumbai, and Directorate of Cotton Development.
University of Calcutta has developed genetically modified (GM) jute. The genetic modification by gene sequencing can produce the required quality and varieties of jute like the longer fibres, different colours and resistance to salinity and pests. The GM jute is forwarded to the regulator, Genetic Engineering Approval Committee (GEAC for commercial approval.
University of Calcutta has developed genetically modified (GM) jute. The genetic modification by gene sequencing can produce the required quality and varieties of jute like the longer fibres and different colours. The GM jute has been forwarded to the regulator, Genetic Engineering Approval Committee (GEAC) for commercial approval.
GM jute will become the second crop of its kind to get approval, after the GM cotton which was approved in 2002 for commercialization
