Primary Country (Mandatory)

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
Centre defers MSP operation for cotton even as farmers seek better prices

Centre defers MSP operation for cotton even as farmers seek better prices

The Hindu
Thursday, December 22, 2022 05:21:48 PM UTC

The relatively higher prices offered for the produce has not offset the increased input costs, say farmers

While cotton farmers in several States have demanded an increase in the minimum support price (MSP) of the crop, the Centre has said that it is “watching” the cotton production scenario and decide accordingly.

A senior official of the Union Textile Ministry told The Hindu that the domestic prices right now are higher than the MSP of cotton. “MSP operations will kick in if prices fall. At this point, it is not necessary. We are fully ready to come into MSP,” the official said, adding that the Cotton Corporation of India will also start procurement if the market is unable to ensure MSP for cotton.

The MSP for medium staple cotton for 2022-23 kharif season is ₹6,080. Though farmers said they got prices much higher than MSP for their produce, it was inadequate given the rise in price of input items such as seeds, pesticides and fertilisers.

For Praful Khandhadia, a cotton farmer from Rajkot, the fortunate absence of pink bollworm — a major menace — meant a comfortable production, he had to contend with other problems.

“The income from cotton was not good in the last four years. So I have not cultivated cotton on about 60% of my land. Sowing was less, but the production was good. The harvest is going on. It will be over by mid-February,” he said.

Mr. Khandhadia is able to get ₹8,500 per quintal at present. “It is higher than the MSP. Last March, some farmers got even ₹15,000 per quintal but the production was very less. Given the increased input cost, the MSP should be at least ₹10,000 per quintal. We are selling the crop for ₹8,500 because of our immediate household and farm requirements,” he said.

Harvest of cotton is over in Punjab. In Fazilka, a major cotton belt in Punjab, farmers are getting about ₹8,200 per quintal on average. “The production was just three quintals on average for an acre here. We used to get at least 15 quintals from one acre. We have been demanding compensation for cotton farmers. The seed-supplying companies are the major culprits for our losses. They should be held liable for supplying bad-quality seeds. Cotton is a cash crop for us. Our lives are dependent on this. But the companies are looting us,” Gurbhej Rohiwala, Bharatiya Kisan Union (Ekta-Ugrahan) Fazilka district president, said.

Read full story on The Hindu
Share this story on:-
More Related News
SoftBank to buy DigitalBridge in $4 billion deal to bolster AI infrastructure push

SoftBank Group will acquire digital infrastructure investor ‌DigitalBridge Group in a deal valued at $4 billion

Meta to acquire Chinese startup Manus to boost advanced AI features

Meta said on ‍Monday it would acquire Chinese artificial intelligence startup ​Manus, as the technology giant accelerates ‌efforts to integrate advanced AI across ​its platforms.

Gujarat tops in okra production

Gujarat leads India in okra production, with Saurashtra-Kutch emerging as a key horticulture hub ahead of VGRC 2026.

India said to claim $30 billion from RIL, BP on gas output

India seeks $30 billion from Reliance and BP for alleged mismanagement of gas reserves in a landmark arbitration case.

Size of bank frauds seen rising though cases on a decline: RBI report 

Despite several safeguarded and technology interventions, fraudsters continued to game the banking system and duped both lenders and depositors as indicated in a statutory report by the Reserve Bank of India (RBI).

Australia to remove tariffs on 100% of Indian exports from January 1, says Piyush Goyal

Australia will eliminate tariffs on all Indian exports starting January 1, 2026, enhancing trade under the Economic Cooperation Agreement.

Sensex sheds 346 points, declines for fourth day on foreign fund outflows, thin year-end trading

Sensex drops 346 points for the fourth consecutive day amid foreign fund outflows and low year-end trading activity.

Rupee falls 8 paise to close at 89.98 against U.S. dollar

The rupee fell 8 paise to 89.98 against the dollar amid foreign fund outflows and increased importer demand.

Rupee vs dollar: Volatility in forex markets in 2025

Explore the volatility of the Indian Rupee against the U.S. Dollar in 2025, driven by trade uncertainties and market pressures.

Silver futures jump 6% to record ₹2.54 lakh/kg; cross $80/ounce in global markets

Silver futures soar 6% to ₹2.54 lakh/kg, crossing $80/ounce globally amid bullish trends and strong investor demand.

Stock markets gather momentum after muted beginning

Stock markets gained momentum after a slow start, with Sensex rising 105.17 points and Nifty up 35 points.

Rupee falls 5 paise to 89.95 against U.S. dollar in early trade

Rupee dips 5 paise to 89.95 against the dollar amid foreign fund outflows and a sluggish equity market opening.

IndiGo to begin flight services from Tamil Nadu to Navi Mumbai airport from December 29

Direct flights from Chennai and Coimbatore to Navi Mumbai airport start December 29, enhancing travel options for passengers.

Rupee falls 15 paise to 89.90 against U.S. dollar in early trade

The rupee drops 15 paise to 89.90 against the dollar amid foreign fund outflows, while equity markets open higher.

India imposes three-year tariff on some steel products after ‘sudden, sharp’ increase in imports

India imposes a three-year tariff on steel imports from China, Vietnam, and Nepal to protect its domestic industry.

SoftBank has completed its $40 billion investment in OpenAI: Report

SoftBank Group ​has completed its $40 billion investment ‌in OpenAI, ​CNBC reported on Tuesday, citing people familiar with the matter.

Gig workers, delivery partners to take part in nationwide strike on December 31 over working conditions

Delivery partners and workers with quick commerce platforms such as Swiggy, Zepto, Blinkit, Zomato, Amazon, and Flipkart are planning a nationwide strike on December 31

India is now fourth largest economy, says govt.

India has become the world's fourth largest economy, surpassing Japan, with a projected GDP of $7.3 trillion by 2030.

Some guidelines on Export Promotion Mission to be issued this week: Sources

Guidelines for the Export Promotion Mission, approved in November 2025, are expected to be released this week.

Sensex, Nifty close marginally lower amid thin year-end trading, foreign fund outflows weigh

Sensex and Nifty close lower amid thin trading and foreign fund outflows, with major laggards including Infosys and Titan.

U.S. approves Samsung, SK Hynix chipmaking tool shipments to China for 2026, sources say

The U.S. ‍government has granted an annual licence to Samsung ​Electronics and SK Hynix to bring in chip ‌manufacturing equipment to their facilities in ​China for 2026, two people familiar with the matter said

Ola Electric receives government certification for 4680 Bharat Cell powered Roadster X+ bike

Ola Electric's Roadster X+ bike receives government certification, marking a milestone in India's electric vehicle technology with an in-house 4680 battery.

Sensex, Nifty decline in early deals amid persistent foreign fund outflows

Sensex and Nifty fall in early trade due to foreign fund outflows, while Bharti Airtel and Reliance Industries gain.

Rupee rises 3 paise to 89.95 against U.S. dollar in early trade

The rupee rises 3 paise to 89.95 against the U.S. dollar, influenced by weaker dollar and strong IIP data.

Nvidia takes $5 billion stake in Intel under September agreement

Nvidia has purchased Intel shares worth $5 ‍billion, the American semiconductor ​firm said in a filing ‌on Monday

© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us