At the benchmark Lasalgaon market in Nashik, onion prices are currently at their lowest levels in three years
Union Textiles Minister Giriraj Singh chaired a high-level meeting to assess the preparedness for Minimum Support Price (MSP) operations for cotton procurement during the Kharif Marketing Season 2025-26 starting October 1, 2025. Reiterating the government's commitment to the welfare of cotton farmers, Singh assured that all kapas arriving under MSP guidelines will be procured without disruption, with a focus on timely, transparent, and farmer-centric service delivery. "Starting this season, nationwide Aadhaar-based self-registration of cotton farmers and 7-day rolling slot booking will be facilitated via the newly launched 'Kapas-Kisaan' mobile app. "This digital platform aims to streamline procurement operations, ensure transparency and enable direct Aadhaar-linked payments to farmers' bank accounts through the National Automated Clearing House. The SMS-based payment intimation service introduced last year will also continue," the Textile Ministry said. The minister reaffirmed the
India has raised the price at which it will buy new-season cotton from domestic farmers by 7.8% to 8,110 rupees per 100 kg, but local market prices are hovering around 7,000 rupees
Cotton exports are estimated to decline 64 per cent in 2022-23 marketing year ended September due to higher prices of the commodity in the domestic market, Cotton Association of India (CAI) said on Monday. The cotton marketing year begins from October. Cotton export during 2021-22 marketing year was 43 lakh bales which fell to 15.50 lakh bales in 2022-23, according to CAI data. "The plunge in exports to 15.50 lakh bales in 2022-23, is mainly due to higher cotton prices in India, which was much higher than the global prices, during October till March. The high prices have impacted cotton exports from India," CAI President Atul Ganatra told PTI. Cotton imports are also expected to decline in 2022-23 by 2.50 lakh bales to 12.50 lakh bales following higher import duty, Ganatra added. Meanwhile, CAI has estimated cotton pressing numbers for 2022-23 season at 318.90 lakh bales as against its forecast of 311.18 lakh bales in the previous month. In 2021-22, the total cotton pressing stood
With cotton prices at home on the higher end versus global markets, analysts believe that the disparity is affecting India's global competitiveness in the near-term
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The limited supplies are keeping local prices significantly above the global benchmark, making overseas sales unviable from the world's biggest producer of the fibre
Cotton Council International executives say zero tariff regime should continue as it is beneficial to mills
High cotton prices, the Russia-Ukraine war and poor demand from the apparel industry have hit the spinning mills hard
This confluence of extreme weather events brought on by climate change has sent cotton prices soaring by as much as 30%
Most MSMEs running at 60 per cent capacity as high input prices have also made exports costlier
Shortfall in rains, which was over 40% till June 10, narrowed to 4% by June 24 largely due to a massive downpour in the East and North-East
Here is a look at the major issues surrounding them despite import without duty
Raw cotton prices have more than doubled from Rs 35,000 per candy of 356 kg in mid-2020 to over Rs 75,000 now
Raw cotton prices have more than doubled since mid-2020, leading to consolidation with the larger players banking on international business
HINDUPUR, India (Reuters) - India is hoping its labour-intensive textiles and apparel (T&A) companies will help it address a jobs crisis, and has promised to pump about $2 billion into the industry over the next few years to generate more than 1 million jobs.
Southern India Mills Association urged Prime Minister to remove the 11% import duty on cotton and cotton waste and also cotton from MCX and NCDEX features
The government on Wednesday approved a Rs 17,408.85 crore 'committed price support' to the Cotton Corporation of India (CCI) for seven cotton seasons from 2014-15 to 2020-21. The decision was taken at the Cabinet Committee on Economic Affairs (CCEA) headed by Prime Minister Narendra Modi. The CCEA has approved incurring expenditure for reimbursing losses under MSP operations for cotton during the cotton season (October-September) 2014-15 to 2020-21. The CCEA has given its approval for committed price support of Rs 17,408.85 crore to the CCI for the cotton seasons from 2014-15 to 2020-21 (up to September 30, 2021), an official release said. In order to safeguard the interests of the cotton farmers, the government said the CCI procured cotton in large quantity during 2014-15 to 2020-21 as cotton prices touched the MSP prices. The procurement of cotton at MSP helped stabilise the cotton prices and alleviate farmer's distress. Briefing media on the Cabinet decisions, I&B Minister ...
Fitch Solutions said on Tuesday it expects cotton production in India to fall by one per cent year-on-year to 28.3 million 480lb bales in 2021-22
Climate change could expose half of all global cotton-growing regions, including India, to high risks from temperature increases, changes in rainfall patterns and extreme weather events by 2040