Related Keywords: Commission for Agricultural Costs and Prices, cotton expected to increase next year., farmers preparing fields for kharif sowing, government, higher MSP and normal monsoon, long staple cotton, medium staple cotton, MSP of cotton, mulls increase minimum support price, recommendation of CACP
The government is mulling to increase the minimum support price (MSP) of cotton by Rs 160 per quintal, to Rs 4,320 for the 2017-18 crop year beginning July as farmers are preparing fields for kharif sowing.
According to sources, the Agriculture Ministry has proposed increase in cotton MSP by Rs 160 per quintal for the 2017-18 crop year, based on the recommendation of the Commission for Agricultural Costs and Prices (CACP).
