Home / Knowledge / News / Textiles / Cottco opens registration under Input Credit Scheme
Cottco opens registration under Input Credit Scheme
18
Aug '12
The Cotton Company of Zimbabwe (Cottco) has opened registration for cotton growers under the input credit scheme. However, it would renew contracts of only those farmers who participated in the scheme during the last season.
 
The company has announced that registration for 2012-13 input credit scheme has started at all its business units nationwide, and would go on till September 20, 2012.
 
During last season, which was paralyzed by large-scale differences between farmers and traders over cotton producer price, Cottco extended financial support to 135,000 cotton growers under the scheme.
 
It is expected from the farmers willing to qualify for the 2012-13 scheme to have cleared their dues for the current season, Cottoco said.
 
Before disbursing inputs under the scheme, Cottco would be measuring the fields so as to slim down the possibilities of farmers adding their fellow grower’s inputs to their own inputs.
 
Regretting that it would not be able to register new farmers for the upcoming season, the company has requested the existing beneficiaries to register at the earliest, so that they can disburse the inputs in time.
 
By and large, Zimbabwe continues to be a cotton exporter, as over 80 percent of the high quality cotton lint produced in the country is exported in its raw form without any value addition.
 
Next to Israel, Zimbabwe produces world’s second best quality cotton, but still it needs to track global prices, as being impacted by factors like capital shortage and competition, its value addition industries continue to contract.
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Alizila

Apparel/Garments | On 24th Mar 2019

Barclaycard and Alipay become partners

UK-based Barclaycard and Alipay have become partners which will allow ...

Pic: True Fit

Apparel/Garments | On 24th Mar 2019

True Fit to reach 100 million registered users mark

True Fit, the data-driven platform that made the industry's Fashion...

Pic: Ecutopia

Information Technology | On 24th Mar 2019

Ecutopia & Jesta form supply chain optimising platform

Ecutopia, a powerful platform that enables collaborative trade and...

Interviews View All

Md Hanifur Rahman, Aman Group

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Vasanth Kumar, Max Fashion India

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Akash Khetan, Narayan Tex Fab

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Deepprakash Agrawal,

Deepprakash Agrawal

Radhey Weaves is a Surat-based manufacturer of brocade fabrics. MD...

Harsh Shah,

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Iacopo Pardini,

Iacopo Pardini

Founded in 1953, Italian engineering company Arioli Spa started...

Melissa Tate, University of New South Wales

Melissa Tate
University of New South Wales

<div><div><div><div><b>Melissa Tate</b>, a well-known scientist currently...

Marcel Alberts, Eurofibers

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Iago Castro Asensio, RCfil Distribuciones S.L.

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Nisha Chanda, Whistling Woods International School of Fashion

Nisha Chanda
Whistling Woods International School of Fashion

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

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

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

Bani Batra,

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

Leave your Comments


March 2019

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

news category


Related Categories:

Advanced Search