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Related Keywords: Agriculture Department, Agriculture Department under high density plantation technique, Cotton growers, eight districts of the Malwa belt, giving a subsidy of Rs five hundred per acre, Indian state of Punjab, set a target of four lakh hectares, this season, under cotton cultivation

The Indian state of Punjab Agriculture Department has set a target of 4 lakh hectares to be brought under cotton cultivation in eight districts of the Malwa belt this season. Last year, the area under cotton cultivation was 2.56 lakh hectares. Meanwhile, the Agriculture Department under its high density plantation technique is giving a subsidy of Rs 500 per acre to cotton growers.

Related Keywords: Africas top cotton grower, Burkina Faso, by as much as twenty percent, price for the new season set, rains are favorable and well distributed over the season, see surge in cotton output, target is realistic and achievable, this season

Africa’s top cotton grower Burkina Faso to see surge in cotton output by as much as 20 percent in the 2017-18 season to 820,00 metric tons, an industry official in Burkina Faso said.

The target is realistic and achievable if rains are favorable and well distributed over the season and if parasites are kept under control, Georges Yameogo, general secretary of the nation’s cotton association said.

The price for the new season was set at 245 CFA Francs ($0.40) a kilogram up from 235 Francs the previous season. The costs of fertilizers, insecticides and seeds remain unchanged.

Related Keywords: Cabinet Committee of Economic Affairs, cheaper price to farmers, consultation with the National seeds corporation, increase supply of certified jute seeds, increased jute per quinta, Jute Corporation of India, National Jute Board, production technology, Smriti Irani, this season, Union Textiles Minister

After the Cabinet Committee of Economic Affairs had increased MSP by Rs 300 to Rs 3,500 per quintal for 2017-18 season, the Union textiles minister Smriti Irani along with the Jute Corporation of India and the National Jute Board has asked to help increase the supply of certified jute seeds at a cheaper price to farmers in consultation with the National Seeds Corporation.

Irani gave these directions at a recent inter-department meeting which discussed concerns raised by the industry about the poor grade of raw jute, which was affecting the quality of finished bags.

Related Keywords: approval for ncrease in the Minimum Support Price, Cabinet approved setting up of Government e-Marketplace Special Purpose Vehicle, Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, Jute mainly used as raw material, Packaging Industry, raw jute, this season, to protect the economic interests of the farmers

Jute is mainly used as raw material for Packaging Industry. The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi in order to protect the economic interests of the farmers has given its approval for the increase in the Minimum Support Price (MSP) for raw Jute to a level of Rs35000/- per quintal for 2017-18 season which indicates an increase of Rs. 300/- (9.4%) over the previous year.

Related Keywords: affect quality of finished jute bags, around forty lakh bales, concerned about poor grades of raw jute stock, estimated at around ninety lakh bales, production of raw jute, section of jute mills in Bengal, still with traders and stockists, this season, yet to arrive in market

The production of raw jute is estimated at around 90 lakh bales in 2016-17 season, a section of jute mills in Bengal are concerned about the poor grades of raw jute stock of around 40 lakh bales that are still with traders and stockists and is yet to arrive in the market, affecting the quality of finished jute bags.

According to market information, around 55 percent of the stock available comprises poor grade raw jute. This is a major concern as light weight jute sacks (580 gm) requires finer counts of yarn, said the owner of a Bengal-based jute mill.

Related Keywords: against the set target of fourteen point one million bales, cotton bales, led to reduction in overall cotton sowing, less return from competing crops, lower prices in last year, missing cotton production target by around twenty five percent, Pakistan cotton production, recorded ten point five million bales, this season

Pakistan cotton production has been recorded at 10.5 million bales against the set target of 14.1 million bales for 2016-17, missing the cotton production target by around 25 percent.

Official sources revealed on Saturday that 10.5 million bales of cotton have been recorded so far and the number may reach 10.6 million bales by end-March (closing time); however, the number surpassed the cotton production of 9.7 million bales recorded during the same period of the last year (2015-16).