Home / Knowledge / News / Textiles / CCI to procure cotton in AP if prices slip below MSP
CCI to procure cotton in AP if prices slip below MSP
09
May '12
Ms Panabaaka Lakshmi
Ms Panabaaka Lakshmi
Smt. Panabaaka Lakshmi, Minister of State for Textiles has informed that Cotton Corporation of India (CCI) has been mandated to undertake Minimum Support Price (MSP) operations once the prices in the market touch MSP levels, which are Rs.3300 per quintal for long staple and Rs 2800 per quintal for medium staple.

During the current Cotton Season 2011-12, the prevailing prices have been ruling above MSP levels except in Andhra Pradesh where MSP operations have been undertaken by the CCI. District-wise MSP procurement has been, Adilabad 292 bales, Warangal 123 bales, Karimnagar 484 bales, Guntur 756 bales, Khammam 4453 bales and Nalgonda 1462 bales.

The procurement of cotton under commercial purchases during Cotton Season 2011-12 in Andhra Pradesh is 2.09 lac quintals at a average price of Rs.3949/quintal,

There have been no such requests from State/farming community to CCI.

Ministry of Textiles


Must ReadView All

Textiles | On 20th Jul 2017

Provide safety net for cotton growers: Congress to Trump

A bipartisan Congressional coalition has called attention of...

Courtesy: ITMF

Textiles | On 20th Jul 2017

ITMF'17 themed on tech, trade, climate in disruptive times

The International Textile Manufacturers Federation (ITMF), an...

Textiles | On 20th Jul 2017

RIL’s Q1 FY18 petrochemicals revenue up 22.9% y-o-y

Reliance Industries Limited (RIL) has reported its financial...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Ashok Desai
Bombay Textile Research Association

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marten Alkhagen
Swerea IVF AB

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X