Home / Knowledge / News / Textiles / CCI to sell cotton to registered MSME spinning mills
CCI to sell cotton to registered MSME spinning mills
19
Jul '16
In the wake of rising prices of cotton resulting in higher input costs for the spinning sector in India, government today restricted the sale of cotton stock of Cotton Corporation of India (CCI) to officially registered MSME spinning mills only.

“Cotton Corporation of India will sell its existing stock, purchased under MSP, to spinning mills in the MSME category only. This would be for such MSME spinning textile units registered with the Office of Textile Commissioner,” a press release issued by the Textiles ministry after a high level meeting said.

The Textiles Commissioner informed that the opening balance is expected to be 43 lakh bales on 30th September, 2016. However, she was asked to keep monitoring the situation closely.

Noting that sowing has picked up, the representative from Agriculture informed the meeting that 75.41 lakh hectare of sowing had taken place till mid July, as against 78 lakh hectare of cotton sowing in the corresponding period of previous years.

Meanwhile, a central team has been assigned to monitor whitefly infestation and management in the northern states of Punjab and Haryana where the pest has been detected this season; while advisories have been issued to other states in this regard, the release said. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Apparel/Garments | On 23rd Feb 2017

NAFTA renegotiation puts Mexico-US jeans trade at risk

The almost imminent renegotiation of the North America Free Trade...

Rick Helfenbein (left), president and CEO of AAFA, with Juan Estrada, chief of party, Hub; Courtesy: Hub

Apparel/Garments | On 23rd Feb 2017

AAFA inks agreement for best manufacturing in East Africa

The American Apparel & Footwear Association (AAFA) has entered into a ...

Mango vice-chairman and member of the board of directors Daniel Lopez (L) with Ananth Narayanan, CEO, Myntra & Jabong. Courtesy: Myntra

Apparel/Garments | On 23rd Feb 2017

Mango awards distribution & management rights to Myntra

Mango, the Spanish fast fashion brand, has awarded its master...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search