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COTTON MSP

July 27, 2019

The Union Minister of Textiles informed Lok Sabha about the various initiatives by Government of India to provide remunerative price of cotton to farmers.

Government of India initiatives to provide remunerative price of cotton to farmers: 

  • Ministry of Agriculture, Government of India fixes the Minimum Support Price (MSP) of two varieties of seed cotton (kapas) every year before commencement of the Cotton Season (October to September).

  • The Cotton Corporation of India (CCI) has been Nominated as the nodal agency to undertake MSP operation in all cotton growing States, in the event when prices of seed cotton (kapas) touches the MSP level.

  • Cott-Ally, a farmer friendly mobile app has been developed to keep the cotton farmers informed about various information related to Minimum Support Price operations, tracking of payments status etc.

Source : PIB

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