December 23, 2025 09:40 pm (IST)
Follow us:
CCI to sell cotton stock to spinning mills in MSME category only
Kolkata, Jul 16 (IBNS): With the recent spurt in cotton prices resulting in higher input costs for the spinning sector in India, the Ministry of Textiles on Saturday announced that the Union government has taken a few measure after reviewing the situation.
The Ministry said that the Cotton Corporation of India will sell its existing stock, purchased under MSP, to spinning mills in the MSME category only. This would be based on firm indents by such MSME spinning textile units registered with the Office of Textile Commissioner.
Noting that sowing of cotton has picked up,a representative from the Department of Agriculture informed that 75.41 lakh hectare of sowing has taken place as on July 15 against normal sowing of 78 lakh hectare in the corresponding period of previous years.
It was further informed that the Department of Agriculture is taking steps to manage whitefly attack in cotton in 2016-17, in states of the Northern Zone. A Central team has been assigned to monitor whitefly infestation and management; advisories have been issued to states in this regard as well.
The Textiles Commissioner informed the opening balance is expected to be 43 lakh bales on September 30, 2016.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Sensex slips over 100 points at open — here’s what experts say next
Tue, Dec 23 2025
DBS Bank India extends ₹670 crore sustainability-linked trade facility to Indorama India
Mon, Dec 22 2025