The Commission for Agricultural Costs and Prices has proposed the government on setting crop rates. The panel has suggested the government to set record prices for purchases of cotton and other products from farmers as it will safeguard incomes of the farmers, according to government officials with knowledge of the matter.
The panel has proposed that the price the cotton to be increased by at least 1.25 percent. The long-staple cotton be increased to Rs.4,050 per 100kg from Rs.4,000 and the medium variety raised to Rs.3,750, from Rs.3,700.
However, the decision will be taken only by the new government after general elections next month.
Carbonova, which produces carbon nanofibres (CNFs) from greenhouse gas emissions, has closed an oversubscribed C$5.1 million equity financing round.
Armedangels has signed a non-binding Letter of Intent with Finnish company Spinnova to secure potential access to its fibre for…
Intrinsic Advanced Materials, the company behind CiCLO technology, will debut a new generation of responsible-performance luxury home textiles at Heimtextil…
Serge Ferrari Group, a developer of composite fabrics, has announced the expansion of its Batyline Eden collection with the addition…
Spinnova has partnered with Fashion for Good to increase the availability of Spinnova’s sustainable fibre in the textile materials market.
Birla Cellulose has entered into a cooperation agreement with Circulose to support textile recycling through the use of pulp made…