Home / Knowledge / News / Textiles / Telangana presses Centre to hike MSP of cotton
Telangana presses Centre to hike MSP of cotton
09
Nov '15
The state government of Telangana has urged the Central government to increase the minimum support price (MSP) of cotton to Rs 5,000 per quintal in view of protests by cotton farmers in the region, as per media reports.

The MSP of cotton has been fixed by the Union government at Rs 3,936 to Rs 4,100 per quintal with the exact amount to be decided based on the moisture content in the crop at the time of procurement.

However, farmers in the state complained that authorities at the Cotton Corporation of India (CCI) procurement centres were not willing to buy cotton with more than 12 per cent of moisture even at the centre-approved MSP of Rs 3,936 per quintal.

Harish Rao, Telangana minister for market and irrigation met Sanjay Kumar Panda, union secretary of textiles in New Delhi last week to discuss the issues faced by farmers and urged him to increase the MSP of cotton to Rs 5,000 per quintal and raise the acceptable moisture per cent from 12 to 20.

In a statement to the media, Rao said that the production of the kharif crop was high this year in Telangana. He added that the CCI had opened only 45 out of 84 assured procurement centres this season.

Rao also said that so far the CCI has purchased only 15,000 quintals, a sharp fall in comparison to 1,00,000 quintals purchased in November last year. He urged CCI officials to purchase cotton five days in a week instead of three days in a week at present. (HO)

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Feb 2017

UK textile & apparel exports up 7.05% in 2016: UKFT

The exports of apparel and textiles from the UK have increased by...

Textiles | On 20th Feb 2017

Himatsingka Seide incorporates subsidiary in Europe

Himatsingka Seide Ltd, one of the largest producers of home textiles...

Courtesy: Green Initiatives

Apparel/Garments | On 20th Feb 2017

Green Initiatives launches Re:Form to end textile waste

Green Initiatives, a non-government institution, has launched...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Suresh Patel
Sidwin Fabric

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Tony Ward
Tony Ward

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Madhu Jain
Madhu Jain

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