MSP of Rs 5450 per quintal to procure cotton

Speaking with the district collectors, Rao ordered them to turn Cotton and ginning mills as cotton purchase centres like last year. He also released confidence saying that the cotton farmers will show interest to sell the cotton to CCI at MSP.

He also promised to sort all the issues by discussing with the ginning officials in Mumbai. He also ordered the marketing officials to make compulsory arrangements like providing the required machinery, computers and software at the purchase centre.

The centre has announced an MSP of Rs 5450 per quintal to procure cotton and directed Cotton Corporation India (CCI) to take the cotton at MSP. Officials like agriculture department chief secretary Parthasaradi, CCI Chairman Alli Rani were present at the meeting.

Minister for Irrigation, Marketing & Legislative Affairs Harish Rao on Wednesday directed the officials to make 41 cotton market yards ready for purchase by October 1. He also asked the respective officers to draft out a plan for the cotton purchase at minimum support price of Rs 5,450 per quintal.

Recent Posts

Yanpai orders needlepunch lines from Andritz

Zhejiang Yanpai Filter Technology has placed a new order with Andritz for two additional high-performance needlepunch production lines.

2 days ago

Chinese textile group Sunrise to invest in Morocco

Sunrise has started building a textile factory in Morocco through its newly formed subsidiary, Euwen Textiles. Construction has begun in…

2 days ago

Tendam, UDIT study carbon impact of fashion e-commerce

Tendam, in partnership with the University of Design, Innovation and Technology, has released a new study examining the carbon footprint…

3 days ago

Mycelium-based insulation emerges as solution for fast-fashion waste

Researchers from Latvia have identified mycelium-based insulation as the most promising reuse option for fast-fashion textile waste.

3 days ago

Researchers turn PET waste into anti-cancer medicines

A breakthrough has revealed a new way to convert PET from plastic bottles and synthetic textiles into key components used…

3 days ago

India–New Zealand FTA to boost Indian textile exports

The proposed India–New Zealand Free Trade Agreement (FTA) is expected to significantly strengthen Indian exports.

4 days ago