Tag: cotton

A far-sighted policy decision taken by Khadi and Village Industries Commission (KVIC) in 2018, to create a special reserve fund to deal with market fluctuations and other eventualities, has come as a savior for all Khadi institutions across the country, just when the entire textile industry is grappling with a steep price hike of the raw cotton. In 2018, KVIC had decided to create a Products Price Adjustment Account (PPA), a Reserve Fund for its 5 Central Sliver Plants (CSPs), to meet market-driven eventualities. These CSPs are purchasing cotton and converting it into sliver and ... Read more

Coggins’ new book snags readers’ attention with a story of a poor farm boy who spent his early years in a small Cotton Mill Village in Georgia and later moves up the ladder to lead a successful life. A few years later, he and his family moved to a large farm, where his daily chores included picking cotton or plowing the fields behind an old mule. San Diego, CA, USA – WEBWIRE – Saturday, February 5, 2022 With hard work and willingness to go anywhere, there is no limit to what anyone can achieve. Robert W. Coggin, author ... Read more

Coggins’ new book snags readers’ attention with a story of a poor farm boy who spent his early years in a small Cotton Mill Village in Georgia and later moves up the ladder to lead a successful life. A few years later, he and his family moved to a large farm, where his daily chores included picking cotton or plowing the fields behind an old mule. San Diego, CA, USA – WEBWIRE – Friday, February 4, 2022 With hard work and willingness to go anywhere, there is no limit to what anyone can achieve. Robert W. Coggin, author ... Read more

“Resolve Cotton Pricing issue in the spirit of Collaboration rather than competition,” said Shri Piyush Goyal, Union Minister of Textiles, Commerce & Industry, Consumer Affairs and Food & Public Distribution, while speaking to Textile Industry players in a meeting, here today. He asked the Textile Industry leaders not to push Government to intervene.  Shri Goyal cautioned the cotton bale traders from manipulation of prices or do  hoarding to make unfair profits.The Minister further stated that manufacturing sectors should not depend on Government support for growth. Too much dependence of State support is not healthy for the robust growth of the ... Read more

The Cabinet Committee on Economic Affairs chaired by Prime Minister, Shri Narendra Modi, has given its approval for committed price support of Rs.17,408.85 crore to the Cotton Corporation of India (CCI) for the cotton seasons from 2014-15 to 2020-21 (upto 30.09.2021). In order to safeguard the interests of the cotton farmers, it is expedient to conduct price support operations in cotton years 2014-15 to 2020-21 as cotton prices touched the MSP prices.  Its implementation enhances the inclusiveness of the cotton farmers in the economic activity of the country.  Price support operations help stabilize the cotton prices and alleviate farmer’s distress. ... Read more