Cotton Production
For the Cotton Season 2014-15 (October 2014 to September, 2015), the Cotton Advisory Board has estimated the production of cotton at 400 lakh bales Due to China’s decision to offload its substantial stock of cotton, the market demand is short of supply. This has resulted in prices of cotton coming down. The Cotton Corporation of India (CCI) has started procurement of cotton as per the Minimum Support Price (MSP) Operations for safeguarding the interest of the cotton growers.
This information was given by the Minister of State (Independent Charge) in the Ministry of Textiles Shri Santosh Kumar Gangwar in a written reply in Rajya Sabha today.
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RC
(Release ID :112668)