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MSP for cotton raised by INR50 per quintal for 2015-16 season

YarnsandFibers News Bureau

Related Keywords: cotton price in india, minimum support price for cotton, MSP for cotton, msp for long staple cotton, msp for medium staple cotton

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, approved the Minimum Support Prices (MSPs) for Kharif Crops of 2015-16 season. The decision is based on recommendations of Commission for Agricultural Costs and Prices (CACP) for the Price Policy for Kharif Crops for the Marketing Season 2015-16.

Cotton Corporation of India to sell cotton from 15 January

YarnsandFibers News Bureau

Related Keywords: CCI director marketing, cotton corporation of India, M M Chockalingam, minimum support price for cotton

Cotton Corporation of India (CCI) which is mandated to procure cotton at minimum support price will start selling cotton from 15 January 2015. According to M. M. Chockalingam, CCI director (marketing) told the Corporation had so far purchased 40 lakh bales. It plans to offload 10,000 bales every day and measures would be taken to ensure there was no fluctuation in prices.

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