Home / Knowledge / News / Textiles / AP increases MSP of Bt cotton seeds
AP increases MSP of Bt cotton seeds
23
May '11
The maximum sale price (MSP) of both transgenic Bt1 and Bt2 cotton seeds (450 gram packets) has been raised by Rs. 180 each by the Andhra Pradesh government for 2011-12.

With the increase in prices, the price of Bt1 cotton seeds has increased from Rs. 650 to Rs. 830 per packet. Similarly, the price of Bt2 cotton, which was Rs. 750 earlier, has now been increased to Rs. 930 per packet. This is less than the MSP of Rs. 850 for Bt1 and Rs. 1,050 for Bt2 sought by seed companies.

With this revision, the MSP in the State has been made at par with the prices announced by the Gujarat government in April 2011.

The Andhra Pradesh State government has also revised the MSP of non-Bt cotton seed price to Rs. 500 per packet. The government has stated that production cost, trade margin, trait value and the opinion and concerns of seed and cotton growing farmers were taken into consideration prior to arriving at a decision concerning the revision of prices.

It may be recalled that the existing prices of Bt cotton seeds were first fixed by the Andhra Pradesh government in 2008 and then the same was fixed by other cotton growing States in the country. Incidentally, Andhra Pradesh is the third largest cotton growing State and more than half of the cotton seed of the country is produced in the State.

Fibre2fashion News Desk - India


Must ReadView All

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Apparel/Garments | On 15th Dec 2017

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Strategic location, modern factory facilities and proximity to the...

Courtesy: 2XU

Apparel/Garments | On 15th Dec 2017

L Catterton Asia announces JV of GXG and 2XU

L Catterton Asia, the Asian unit of the largest and most global...

15 trade associations urge nations to safeguard WTO system

Apparel/Garments | On 15th Dec 2017

15 trade associations urge nations to safeguard WTO system

Fifteen trade and industry associations from across the world have...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Nisha Chanda
Whistling Woods International School of Fashion

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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

December 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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

Yes No

Active Poll

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

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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

Yes No

Active Poll

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

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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

Active Poll

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

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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