Egyptian government raises cotton subsidy to encourage domestic industries and farmers

Related Keywords: cotton, Economy, Egypt, farmer, SMEs, spinning company, Subsidies, Textile Industry

Egypt
Egyptian government raises cotton subsidy to encourage domestic industries and f
Summary: 
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.
 

http://english.ahram.org.eg/NewsContent/3/12/106856/Business/Economy/Egypts-government-raises-Egyptian-cotton-subsidy.aspx
0

Cotton sowing reduced by half over last year in India

Related Keywords: cotton bale, cotton crop, Cotton development board, cotton growing region, cotton sowing, farmer

Mumbai
Cotton sowing reduced by half over last year in India
Summary: 
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.
 

http://www.financialexpress.com/news/poor-monsoon-reduces-cotton-sowing-by-half/1270235
Cotton Linter
0

Farmers looking ahead for approval of GM jute from GEAC

Related Keywords: commercial approval, farmer, GEAC, GM jute

Mumbai
Farmers looking ahead for approval of GM jute from GEAC
Summary: 
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

http://www.business-standard.com/article/markets/genetically-modified-jute-to-come-up-for-geac-nod-114040700790_1.html
Jute Fiber
Company News
0
 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
News & Views
How Vidya achieves the next level of 3D simulation at Munich Fabric Start  
  24 Sep , 2018 Read full story  
The Coloreel technology enables high quality instant colouring of textile thread while the thread is being used in textile production  
  24 Sep , 2018 Read full story  
Aleph focuses on graphics and visual communication at the autumn fairs  
  24 Sep , 2018 Read full story  
 
Prices
 
Market Intelligence
  • Polyester Intelligence
    YnFx's Polyester Intelligence Service consolidates all the information at a click. This service provides the following:
    • Daily Price Trends
    • News & Views
    • Weekly Prices on Polyester Chain
    • Price Forecast Covering 3 Regions
    • Spun Yarn Exports from India
    • Polyester Chain - Demand/Supply Statistics
 
Special Reports
 
Country Reports
  •  
    Who have subscribed this report
    Live Chat online
    feedback button