| Cotton prices below MSP trigger record acquisition from CCI
08 Feb 24 116 min read
Insights
- Amidst falling cotton prices below the government-set MSP, CCI procures historic quantities from Indore, Madhya Pradesh, supporting farmers.
- Global market uncertainties drive the intervention, aiming to stabilise prices.
- Despite challenges, signs of improving consumer confidence offer hope for the cotton sector's recovery, with emphasis on diversification.
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