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ID cards to get MSP for Telangana cotton farmers
To avoid middlemen in procurement of cotton and ensure provision of Minimum Support Price (MSP) to farmers, the Agriculture Department in Telangana has taken a novel decision to issue bar-coded tamper proof ID cards with the help of Revenue Department to all the cotton growers in the State.
Boost to small cotton growers
Primark’s Sustainable Cotton Program aims to help women smallholders in India embrace environmentally friendly production techniques that can help boost yields.
Bumper cotton crop may pose more problems
Another bumper crop of cotton is in offing and tremors are felt already on the price front. The Cotton Corporation of India (CCI) is getting ready for yet another year of minimum support price (MSP) operations.
Fears over cotton pile-up in India
The Cotton Association of India fears that India may be piling up huge inventory of cotton just like China, if the Cotton Corporation of India (CCI) does not take measures to offload its stock swiftly. Maintaining the cotton output at the last estimated level of 38.27 million bales (a bale is 170 kg), Dhiren N Sheth, President, CAI, says the Corporation had procured about 8.7 million bales from farmers as part of the Government's minimum support price commitment.
Cotton price decline continues
Cotton prices continue to decline in various parts of India, while the farmers are unhappy with the price ranging from Rs. 2,800 to Rs.3,200 per quintal. In 2013-14, the cotton fetched good price at Rs.5,500 to Rs.6,000 per quintal. Many farmers feel that unprecedented loss is incurred by them since the cotton cultivation cost has gone up.
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