Cotton sowing disrupted in Punjab due to two failed crop seasonsTwo unsuccessful seasons in 2021 and 2022 have put cotton growers in jeopardy. Bad weather has also played its part, with cotton being sown on only 8% or about 20,000 hectares in South Malwa.As Punjab Agricultural University (PAU) advises, cotton sowing should be completed between April 15 and May 15 and with only 12 days left, farmers are racing against time to complete the sowing operations of the major kharif crop. Are.Agriculture experts and farmers said that after two consecutive crop failures, cotton growers are in a dilemma whether to invest in traditional cash crop cultivation or look for an alternative.Cotton-growing districts have recorded sowing in 20,000 hectares (50,000 acres) against a target of 3 lakh hectares for the 2023-24 kharif cycle, data collated by the state agriculture department on Wednesday said. Cotton was cultivated in about 2.47 lakh hectares in 2022-23.Considered to be the economic lifeline of the semi-arid districts of South Malwa region, the Punjab government also introduced a subsidy of 33 per cent on PAU approved seeds for the first time. Experts said that the main reason for crop failure in 2021 and 2022 season is due to use of rejected seeds by farmers and pest infestation.Dilbag Singh, Bathinda's chief agriculture officer, said the move was aimed at farmers buying only approved varieties.Statistics show that sowing has not picked up pace. Officials have cited poor weather conditions and delay in harvesting of wheat this year as the main reasons for delay in sowing of cotton crop.Fazilka has achieved maximum acreage with 8,000 hectares against this year's target of one lakh hectares.Chief Agriculture Officer (CAO) Jangir Singh expressed hope that sowing would pick up pace next week.“After the delay in harvesting wheat, farmers were busy clearing the fields for the next crop. With widespread rains in the region and forecast of rain for next 3-4 days, cotton growers are waiting for the weather to clear up to start sowing.In Bathinda, farmers have sown cotton on only 4,000 hectares, against the target of 80,000 hectares this year. In the last Kharif season, cotton was cultivated in about 70,000 hectares in the district.Sharanjit Singh, a resident of Maan Kheda village in Mansa, said farmers are in distress after two crops failed due to pest attacks in 2021 and 2022.“For the last several years, I was sowing cotton in 18 acres. But after suffering huge losses in the last two years, this time cotton has been sown in only 10 acres. I am planning to sow cereals like bajra or jowar on the rest of the land.Muktsar CAO Gurpreet Singh said the department expects the area under cotton to increase from 33,000 hectares to 50,000 hectares.“Farmers also suffered due to less availability of canal water in the last season. But this year, irrigation support is excellent and farmers will be encouraged to grow cotton again. Slow progress in sowing is due to unseasonal rains, but it will pick up soon.Low response to seed subsidyThe department's data shows that so far only 12,000 farmers have registered themselves to claim the 33% subsidy on seeds. The maximum 5,700 farmers are from Fazilka, followed by Bathinda (2,500), Mansa (2,400) and Muktsar (1,500). For the 2023 Kharif season, the central government has fixed the maximum retail price of Bt 2 cotton seeds at ₹853 per packet.Mansa's CAO Satpal Singh said that as per the state government's policy, each applicant can claim a subsidy of two packets per acre with an upper limit of 10 packets for 5 acres."A farmer will have to register on a web portal with the original bill and bank account details by May 15. Financial assistance will be credited to his account after physical verification of the fields," he added.Fazilka's Chief Agriculture Officer (CAO) Jangid Singh said, "Farmers are waiting for clear weather and this is also the reason for the slow registration to claim subsidy on seeds."GS Romana, PAU's principal agriculture economist, said farmers lack confidence after two bad seasons, but there is no option for them in this semi-arid region.
Rupee strengthened by 6 paise against dollarThe rupee strengthened by 6 paise to close at Rs 81.82 against the dollar this evening.Sensex closed down by 161 pointsToday the stock market closed with a fall.Today, where the Sensex closed at a level of 61193.30 points with a fall of 161.41 points.On the other hand, Nifty closed at 18089.80 points with a fall of 57.90 points.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Likely-icac-cotton-increasing-india-arrivals-prices-ice
Cotton arrivals increasing in India, prices likely to fall: ICACThe International Cotton Advisory Committee (ICAC) on Tuesday lowered its global price outlook for cotton in December 2022 compared to its projections.A month ago, ICAC data scientist Matthew Looney said Indian cotton supplies were well behind historical levels for that time of the season and suspected farmers were holding their cotton in the hope of better prices.Its effect was reflected in the prices of cotton in the domestic and international markets. The benchmark processed cotton of 29 mm length was trading at ₹68,500 per candy (of 356 kg) on December 2, 2022. However, as the arrivals started picking up, the prices started correcting and was last seen at ₹61,800 on Tuesday.ICE Cotton futures on December 2, 2022 quoted at 83.2 cents, while it is currently bidding at 81.34 cents.In its comments on whether Indian farmers have started offloading stocks, ICAC said, "Whether they have seen the recent slight stabilization in prices and decided to take advantage, or whether they want to sell cotton more The pace of cotton arrivals in India has picked up in the last month.Meanwhile, raw cotton continued to arrive in Gujarat markets. At the Rajkot APMC market in Saurashtra, arrivals were recorded at 110 tonnes, with prices ranging between ₹7,500-₹8,300 per quintal.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Volume-market-steady-cotton-amid-usman-naseem
Cotton market steady amid low trading volumeThe local cotton market remained stable on Tuesday with low trading volumes. Cotton Analyst.The local cotton market remained stable on Tuesday with low trading volumes.Cotton analyst Naseem Usman told Business Recorder that the rate of cotton in Sindh is Rs 17,000 to 20,000 per head. The cost of cotton in Punjab ranges from Rs 18,000 to Rs 21,000 per head. The rate of footi in Sindh ranges from Rs 5,500 to Rs 8,300 per 40 kg. The rate of footi in Punjab ranges from Rs 6,000 to Rs 8,500 per 40 kg.The spot price remained unchanged at Rs 20,000 per head. Polyester fiber was available at Rs 375 per kg.
Rupee weakens by 5 paise against dollarThis evening, the rupee closed at Rs 81.88 against the dollar with a weakness of 5 paise.Sensex closed up by 242 pointsToday the stock market closed with a boom.Today, where the Sensex closed at a level of 61354.71 points with a gain of about 242.27 points.On the other hand, the Nifty closed at a level of 18147.70 points with a gain of 82.70 points.
Cotton sowing area likely to increase by 5% in Indore divisionThe area sown to cotton is expected to increase by about 5 per cent in Indore division this kharif season as farmers gear up in irrigated areas lured by better remuneration earned in the previous season.Cotton is a kharif or summer crop, sowing starts from mid-May in irrigated areas of Indore division while sowing starts in June in non-irrigated areas.Kailash Agarwal, a farmer and owner of a ginning unit in Khargone, said, “Farmers of Khargone, Barwani and Khandwa have started preparations for early sowing of cotton. The area under cotton cultivation is expected to increase this Kharif season as farmers have received good prices for their produce.According to farmers, traders and experts, the average sowing area under cotton in Indore division is over 5 lakh hectares, which is expected to increase by about 5 per cent this kharif season.According to farmers and traders, the average price of cotton seed in the markets of Madhya Pradesh in 2022-2023 season was around Rs 8000 per quintal, while in the previous season it was Rs 6000 to Rs 6200 per quintal.Khargone, Khandwa, Barwani, Manawar, Dhar, Ratlam and Dewas are the major cotton producing areas in Indore division.Kuber Singh, a farmer from Khargone, said, “We are hoping to start sowing by mid-May. I am planning to increase the area under cotton this time as the prices remained high throughout the season and got better returns.Experts said farmers in major cotton-growing areas could switch from soybean and corn to cotton.Alok Meena, Joint Director, Indore Agriculture Department, said, “Farmers in irrigated areas have started preparing the land for sowing cotton. Every year early sowing is done due to availability of irrigated land in some areas of Kargone, Khandwa and Burhanpur. This season, we are expecting an increase in the area under cotton and soybean in Indore division.”Soybean, cotton, maize and pulses are the main summer or kharif crops of Indore division.
pressure on cotton prices stable in the country The month of April has come to an end, but the cotton farmers are not getting the expected price level. The prices are constantly fluctuating. On the other hand, industries are now running at full capacity. The country's cotton consumption has also increased. But there is still pressure on cotton prices in the domestic market. Various estimates of cotton arrivals and production in the market are showing pressure on the market. At present, there is pressure on cotton prices in the country's market. Market flows were expected to taper off after mid-April. But the speed of arrival is constant.In the month of April, the arrival of cotton in the market was between one lakh 20 thousand to one lakh 40 thousand bales per day. The market is under pressure as inflows exceed estimates. The cotton import pressure has been on the market since February and it is still visible today.There are various discussions regarding the production of cotton in the country this year. According to farmers, there has been a huge decline in production this year. The Cotton Association of India also informed that the production of cotton has decreased this year as compared to last year.CAI estimates 303 lakh bales. The estimates of CAI and farmers are somewhat similar. But the Cotton Production and Utilization Committee (CCPC) said 337 lakh bales have been produced this year.Similarly, some multinational companies also said that this year's production is between 335 to 340 lakh bales. There seems to be a difference of opinion regarding the forecast of cotton production.On the other hand yarn mills are saying that there is no demand for yarn. Since there is no demand for textile, there is no demand for yarn from textile industries. As a result, the industry is saying that rates are under pressure. But at the moment it is clear that the industries in the country are running profitably.This was also confirmed by industry associations and some industries. But some experts say that farmers are trying to keep pressure on the price till the cotton reaches the market.At present, the average price of cotton is available in the country's market in the range of Rs 7700 to 8200. The minimum price starts from 7 thousand rupees. Fardarad cotton prices are even lower. The cost of long staple cotton is the highest.There is no pressure on cotton prices in the country. Hence, cotton market analysts predicted that the price may correct further if market penetration is limited.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Sensex-dollor-nifty-closed-market
Rupee strengthened by 1 paise against dollarThe rupee strengthened by 1 paise to close at Rs 81.82 against the dollar this evening.Today the stock market closed with a boom.Today, where the Sensex closed at a level of 61112.44 points with a gain of about 463.06 points.On the other hand, the Nifty closed at the level of 18065.00 points with a gain of 150.00 points.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Vietnam-apparel-worst-industry-us-sanctions
Vietnam apparel industry worst hit by US sanctionsTighter US rules banning imports from China's Xinjiang are increasing pressure on Vietnam's apparel and footwear makers, which have lost nearly 90,000 jobs since October due to a slump in demand in the global manufacturing hub.Among apparel exporters, Vietnam has been among the worst hit by the Forced Labor Protection Act (UFLPA), a review of official US data showed. The law, in effect since June, requires companies to prove they are from Xinjiang. Do not use raw materials or components produced by forced labor.Many US importers are still optimistic, but their supply chains could still be disrupted as Vietnam's apparel makers rely on China for nearly half of their input materials. In total, customs checked nearly 3,600 shipments worth more than $1 billion from multiple countries to find they did not carry goods with inputs from forced labor in Xinjiang, the U.S. Customs data shown.According to the US Department of Commerce, this will affect US consumers, as Vietnam is their main source of cotton apparel. "Vietnam's heavy reliance on cotton textile material from China poses a significant risk to Xinjiang cotton, as the province produces more than 90% of China's cotton," said Sheng Lu, director of the Department of Fashion and Apparel Studies at the University of Delaware.He added that it is unlikely that Vietnam can substantially reduce this dependence, as many manufacturers there are owned by Chinese investors. A government official confirmed that some Vietnamese suppliers may find it difficult to comply with the new rules, either because they import cotton from Xinjiang or because they are unable to prove that they do not.In a survey last year, nearly 60% of US fashion industry managers said they were looking to countries outside Asia for their supplies as a response to forced labor legislation. Sheng Lu said it would be difficult for US firms to find alternative suppliers faster, so more scrutiny on Vietnamese cargoes could be expected. Western companies should "make a more significant effort to map their supply chains, trace where production occurs and perform due diligence at each stage".The country's exports fell by 11.9% and production by 2.3% in the first quarter. Nearly one out of every three pairs of shoes sold globally by Nike and Adidas and 26% and 17% of their clothing, respectively, are manufactured in Vietnam. However, according to its latest annual report updated to May 2022, Nike has significantly reduced its production of apparel and footwear, despite its main manufacturing center in Vietnam. It did not answer questions about the UFLPA. Adidas also did not comment on the UFLPA, but said shortlisting its Vietnamese suppliers would respect local law.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Market-pakistan-usman-naseem-cotton
A look at the Pakistan cotton marketThe local cotton market remained stable on Thursday with low trading volumes. Cotton analyst Naseem Usman told that the price of cotton in Sindh is 17 thousand to 20 thousand rupees per head.The cost of cotton in Punjab ranges from Rs 18,000 to Rs 21,000 per head. The rate of footi in Sindh ranges from Rs 5,500 to Rs 8,300 per 40 kg. The rate of footi in Punjab ranges from Rs 6,000 to Rs 8,500 per 40 kg.941 bales of Rahim Yar Khan were sold at Rs.21,300 per maund (Conditions) and 200 bales of Fort Abbas were sold at Rs.19,500 per maund. The spot rate remained unchanged at Rs 20,000 per head. Polyester fiber was available at Rs 375 per kg.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Expensive-Indian-cotton-shifting-textile-industry-mmf
Expensive cotton shifting Indian textile industry to MMF The textile industry in Gujarat, India, is moving to cheaper fibers such as viscose and polyester due to the high cost of cotton. The shift is partly due to seasonal changes and increased cost of cotton, which is prompting policy makers to work on shifting the industry towards MMF. The production of spinners is running at a loss, leading to a reduction in production.However, there have been reports of buyers rejecting products due to undeclared blending of cheaper fibers. This indicates that downstream industries and end users may take longer to accept this new normal.Last year, cotton prices in India hit a record high of over ₹1,11,000 per 356 kg candy. However, the downstream industry was enjoying a better scenario due to price parity as compared to the global market. Currently, cotton prices are hovering at around half of Rs 62,000 per candy. However, Indian exports of cotton yarn, fabric and garments are facing headwinds due to rising cost of cotton. The natural fiber has been priced higher than ICE cotton since the start of the current cotton marketing season in October 2022.According to industry sources, spinners are currently running production without any margin or loss, hence they are being forced to limit their production. While cotton prices remained high throughout the season, yarn, fabric and apparel prices did not see much recovery. As a result, Indian exporters are facing the challenge of costlier cotton.Gujarat Chamber of Commerce and Industry (GCCI) chairman textile committee Saurin Parikh said, “Cotton prices are so high that the industry has had to shift to cheaper fibres. This is not just limited to Gujarat and India, but it is Now a global trend. He clarified that Gujarat's textile industry is more dependent on cotton fibre, so the trend towards cheaper fibers is more visible in the state. Parikh also admitted that the trend is partly due to seasonal changes. The reason is, because there is more acceptance of man-made fibers in the winter season.The soft touch feel and ability to absorb perspiration are unique characteristics of cotton that cannot be replicated in man-made fibers. Global brands usually place bulk orders for the next winter season between April and June every year, and the industry usually shifts from cotton to man-made fibers during that season. However, the high cost of cotton has reversed the situation from earlier this year.“Cotton prices are so high that it is impractical to sustain the industry using natural fibers,” said Ashish Gujarati, former president of the Southern Gujarat Chamber of Commerce and Industry (SGCCI). The downstream industry is forced to shift to cheaper fibers. So that they can survive in the present challenging scenario.However, it may take some time for the garment industry and end-users to accept the shift in the industry towards cheaper fibres. Sources said that sometimes the declared mix of cheap fibers exceeds the permissible limit, leading to disputes between buyers and sellers. While the consumption of man-made fibers in the industry may increase, India is a predominantly cotton-centric textile hub, and will retain its position in the industry due to its unique characteristics.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Against-sensex-dollor-nifty-weakens-closed
Rupee weakens by 8 paise against dollarThis evening, the rupee closed at a level of 81.84 against the dollar with a weakness of 8 paise.Sensex rose 348 pointsToday the stock market closed with a boom.Today, where the Sensex closed at a level of 60649.38 points with a gain of about 348.80 points.On the other hand, the Nifty closed at the level of 17915.05 points with a gain of 101.45 points.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Prices-pakistan-cotton-trade-rate-spot
Cotton spot prices steady in thin trade in PakistanPakistan's local cotton market remained steady on Wednesday with low trading volumes. Cotton analyst Naseem Usman told that the reason for the low trading volume is that people were busy congratulating each other after Eid.The price of cotton in Sindh ranges between Rs 17,000 to Rs 20,000 per head. The cost of cotton in Punjab ranges from Rs 18,000 to Rs 21,000 per head.The rate of footi in Sindh ranges from Rs 5,500 to Rs 8,300 per 40 kg. The rate of footi in Punjab ranges from Rs 6,000 to Rs 8,500 per 40 kg.The spot rate remained unchanged at Rs 20,000 per head. Polyester fiber was available at Rs 375 per kg.
Rupee strengthened by 15 paise against dollarThe rupee strengthened by 15 paise to close at Rs 81.76 against the dollar this evening.Sensex up 170 pointsToday the stock market closed with a boom.Today, where the Sensex closed at a level of 60300.58 points with a gain of about 169.87 points.On the other hand, the Nifty closed at a level of 17813.60 points with a gain of 44.30 points.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Appeal-maharashtra-agriculture-department
Appeal of Maharashtra Agriculture Department: Farmers should not buy and plant HTBT cotton seedsThe Agriculture Department and the Police Department are keeping a close watch on the sellers of HTBT seeds. Bogus companies, unlicensed unauthorized HTBT cotton seeds are likely to be surreptitiously supplied to the market. Some people refer to such unauthorized seeds as herbicides Bt, R-RBT and BTBG-3. These illegal seeds are not recognized by the government. Farmers should not get misled by such unauthorized companies.This appeal has been made by Ravi Shankar Chalwade, Superintendent Agriculture Officer of Nanded district. He said that HTBT seeds should not be bought and those seeds should not be planted in the fields. It is an offense to sell, possess and store illegal seeds. Technical analysis of HTBT gene will be done on leaf samples of cotton plants planted with such unauthorized seed cotton. If HTBT gene is found after sample test, action can be taken against the concerned. The Agriculture Department and the Police Department are keeping an eye on those selling HTBT seeds. Therefore, instructions have been given by the Agriculture Department not to try to sell these seeds.Threat to the health of farmers and agricultural laborersFarmers should not fall for the greed and allurement of fake companies, private agents, private individuals for sale of unauthorized seeds. Glyphosate herbicide has carcinogenic properties and its excessive use can cause diseases like cancer to human health. Excessive use of glyphosate herbicide ends the fertility of the land and no crop can be grown in that land in future. As a result, the land will become barren and the health of all the farmers and agricultural laborers will be in danger. Also, the central government has recommended the use of glyphosate herbicide on non-crop land and tea gardens.Notified seeds should be purchased from an authorized dealer with receiptGlyphosate is an herbicide that cannot be used on other crops. To prevent the cultivation of unapproved HTBT cotton and prevent damage from excessive use of glyphosate, which has carcinogenic properties, only authorized Bt cotton seeds should be purchased from authorized seed sales license holders and by an authorized company Must be produced that guarantees quality and quality. To avoid fraud, farmers should purchase notified seeds from authorized dealers against receipt. The District Agriculture Superintendent has informed through a press release that if fake companies, private agents are motivating to buy unauthorized Bt seeds, then the information should be given to Taluka Agriculture Officer, District Superintendent Agriculture Officer, Zilla Parishad Agriculture Department.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Over-businesses-shut-down-vietnam-drop-orders-clothing-manufacturing-optimistic
Over 1,300 businesses shut down in Vietnam due to 70-80% drop in orders In the first quarter of 2023, Vietnam's clothing and footwear orders will drop by 70% to 80%. According to the Vietnam Textile and Apparel Association, in March 2023, Vietnam's textile and apparel exports reached about 3.298 billion US dollars, an increase of 18.11% month-on-month and a decrease of 12.91% year-on-year. In the first quarter of 2023, Vietnam's textile and apparel exports reached US$8.701 billion, a year-on-year decrease of 18.63%, mainly due to a decrease in the number of orders.In 2022, Vietnam was one of the hotspots in global economic development with a GDP growth rate of 8.02%. However, in the first quarter of 2023, Vietnam's economy has suddenly hit the brakes. The latest data shows that in the first quarter of 2023, Vietnam's total import and export volume of goods reached nearly US$154.27 billion, a year-on-year decrease of 13.3%, of which exports The year has decreased by 11.9%.Manufacturing data was also not optimistic. On April 3, the Vietnam Manufacturing Purchasing Managers' Index (PMI) released by S&P Global for March was 47.7, down from 51.2 in February, and was below 50 for the fourth time in the past five months. According to a report by the Vietnam Textile and Apparel Association, Vietnam's textile export orders in the first quarter of 2023 will decline by 25-27% year-on-year.In response to the decline in orders, many Vietnamese textile and apparel enterprises have reduced their operating rates, causing a large number of workers to lose their jobs. The industry expects this decline to continue till at least the third quarter of 2023. Nevertheless, the Vietnam Textile and Garment Association still set an export target of US$46 billion in 2023, only if the economy improves and consumption in prime.
Pakistan government is taking steps to revive cottonAgriculture secretary gives final shape to cotton revival plan in PakistanThe cotton crop is important to the country's economy. The government is taking vigorous steps to revive cotton. This year the support price of cotton has been fixed at Rs 8500 per 40 kg, which will benefit cotton farming.These views were expressed by Pakistan's Punjab Agriculture Secretary Iftikhar Ali Shahu while presiding over a meeting held in Lahore to prepare a plan for approval of cotton rehabilitation. Speaking on the occasion, Director General Agriculture (Extension & AR) Dr. Anjum Ali explained the reasons for the decrease in cotton production during the previous years. The strategy to increase the area and production of cotton cultivation was finalized in the meeting.Speaking on the occasion, Iftikhar Ali Shahu said that there is a need to make research and development more effective and productive so that the harmful effects of climate change and pest attack can be reduced. He said that the Punjab Government was continuing the subsidy of Rs.1200 per bag on certified seeds of selected approved varieties of cotton. Along with this, for the control of harmful insects of cotton, bio cards will be made available to the farmers through the bio lab established in Punjab.Secretary Agriculture Punjab directed to make use of print, electronic and digital media to make the ongoing cotton campaign fruitful so that the farmers can be made aware about the modern production techniques of cotton. He stressed on the coordination and active role of various departments of Agriculture Department to increase the production of cotton per acre.
Cotton's position in Türkiye's economy strengthened in 2022-23The contribution of the domestic textile industry to Turkey's economy has increased rapidly. Despite very hot and dry climatic conditions in the 2022/23 season, it is predicted that the high field yields of the previous season could be largely maintained.According to the '2022 National Cotton Council Cotton Sector Report', domestic cotton raw materials worth $864 million were processed into textile and apparel in 2021 from the main product 'fiber cotton' alone. Cotton further strengthened its position in the Turkish economy in the 2022/23 season. The area under cotton cultivation in Turkey reached 550 thousand hectares in the 2022/23 season.Analysis of Türkiye's Cotton Production and Status in the Last Five SeasonsWith the improvement in the 2021/22 season, increased to 432 thousand hectares. In the 2021/22 season, from 2 million 250 thousand tons of cotton stumps produced, about 833 tons of fiber cotton, 993 thousand tons of cotton seed and 149 thousand tons of edible oil and 695 thousand tons of feed meal were obtained, while many industries, in particular 149 thousand tons of lint and 150 thousand tons of cotton waste were offered for use in medical equipment and cosmetics.As a result of a further improvement in the balance sheet in the same season, the areas under cotton cultivation increased further, reaching 550 thousand hectares in the current 2022/23 season. Turkey's cotton consumption is estimated to increase to 1 million 649 thousand tons in the 2022/23 season with increased demand following the global pandemic.While 80 percent of world cotton is exported by 6 major exporting countries (USA, Brazil, Australia, India, Greece and West African-CFA countries: Mali, Benin, Burkina Faso), 70 percent of world cotton is imported by 5 Is. The major importing countries (China, Vietnam, Bangladesh, Turkey and Pakistan), Turkey ranks fourth in the ranking. Thus, China, India, Pakistan and Turkey form a special competition group as the four major cotton countries which are distinct in both production and consumption.cotton policiesA network should be established that provides rapid and reliable estimation of yield on the basis of areas and parcels of cotton cultivation using satellite technologies. Cotton planting forecast should be done by integrating with TIKAS with parcel definitions obtained from ÇKS and land registry records.With regard to sustainability and raising awareness, “a national agricultural sustainability strategy should be defined and promotion, R&D, training and extension activities and investments should be carried out in accordance with this strategy.A cotton sustainability standard should be formulated and this standard should be integrated with other national standards such as Good Agricultural Practices (ITU), GMO-free Turkish Cotton Guaranteed Brand standard and international standards such as BCI and mechanisms to implement and supervise this standard should be established NeededFarmers producing organic cotton and under the purview of Improved Cotton Practices (IPUD) should be supported by way of bonus, contribution to certification expenditure, etc."
Aadhaar authentication required to avail cotton MSPAs per the notification issued by the Central Government, the Cotton Corporation of India requires farmers selling cotton at the Minimum Support Price (MSP) to submit unique identification, Aadhaar. Some states like Tamil Nadu have already implemented Aadhaar submission by farmers to avail MSP or incentives for paddy. It may be noted that the MSP of medium staple cotton for Kharif season 2022-23 is Rs 6,080, while that of long staple cotton is Rs 6,380.According to an April 17 notification issued by the Ministry of Textiles, "a person eligible to receive benefits under the scheme will be required to possess an Aadhaar number or undergo Aadhaar authentication." Further, it is mentioned that it shall come into force from the date of its publication in the Official Gazette in all the States and Union Territories.According to the notification, the use of Aadhaar as an identity document for delivery of services or benefits or subsidies simplifies government delivery processes, brings transparency and efficiency, and enables beneficiaries to directly access their entitlements in a convenient and seamless manner. enables. Several documents have to be presented to prove your identity. The Ministry of Textiles is conducting the procurement of seed cotton by the Cotton Corporation of India Limited with the objective of providing MSP if it falls below the MSP.If the farmer does not have Aadhaar but has applied, he/she needs to submit the Aadhaar Enrollment Identification Slip along with any identification document. These documents include a bank or post office passbook with photograph, Permanent Account Number (PAN) card, passport, voter ID card, driving license, or certificate of identity issued by a Gazetted Officer or Tehsildar on an official letterhead.In cases where Aadhaar authentication fails due to poor biometrics of the beneficiaries or any other reason, the notification has also suggested remedial mechanism. Accordingly, in case of poor fingerprint quality, iris scan or face authentication feature will be adopted for authentication. If biometric authentication through fingerprints or iris or facial authentication is not successful, authentication by Aadhaar OTP will be offered. In cases where biometric or Aadhaar OTP authentication is not possible, the benefit under the scheme may be given on the basis of physical Aadhaar letter, the authenticity of which can be verified through the Quick Response (QR) code printed on the Aadhaar letter.
Research on good quality cotton seed in Pakistan Agriculture experts in Pakistan have identified the shortage of certified cotton seeds in Sindh and the sale of substandard seeds by private companies as the main reasons for losses related to the cotton crop, and have called for a dialogue between institutions to produce good quality cotton seeds. Cooperation is said to be indispensable. Under the aegis of the Seed Production and Development Center (SPDC), the Vice-Chancellor of Sindh Agricultural University (SAU) inaugurated an experimental field for the production and expansion of cotton varieties, for the development of which an agreement has been signed with United Bank Limited (UBL). The agreement was signed. Speaking at the inaugural function, SAU Vice-Chancellor Dr. Fateh Marri said that cotton was the crop that was most affected by the recent floods, which caused billions of rupees in losses to farmers in Sindh. Farmers are facing shortage of certified cotton seeds during the current season.He said that to tackle the problem, SAU in collaboration with UBL is doing research on certified cotton and wheat seeds. About 80 percent of the cotton seed requirement in the province is being met by private companies, most of which are unregistered companies, that buy cotton seed from cottonseed factories and sell it without processing, causing irreparable loss to cotton farmers.Dr. Fateh Marri said that his university has developed a new variety of cotton named SAU-1, which is in the registration stage and research work is going on in collaboration with UBL to meet the shortage of quality certified cotton and wheat seeds. Used to be.SPDC Director Prof. Zahoor Ahmad Soomro said that more productive and disease-resistant seeds will be produced through the research sector, after which the farmers of the state will be able to get rid of substandard seeds.Renowned agricultural breeder Karam Khan Kaleri said that SAU has taken important steps in the field of wheat and cottonseed. Institutions will have to make joint efforts to reduce the agrarian crisis, especially with regard to seeds.Dr. Shahnawaz Marri, coordinator of the project, said that apart from experts, university graduates are also involved in the research work. By the end of the project, they will emerge as a trained force for propagation of new seeds.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Evening-dollor-against-reupee-closing-market-nifty-sensex
| title | Created At | Action |
|---|---|---|
| Cotton sowing disrupted in Punjab due to two failed crop seasons | 04-05-2023 21:56:44 | view |
| Rupee strengthened by 6 paise against dollars. | 03-05-2023 23:16:38 | view |
| Cotton arrivals increasing in India, prices likely to fall: ICAC | 03-05-2023 19:11:52 | view |
| Cotton market steady amid low trading volume | 03-05-2023 18:56:43 | view |
| Rupee weakens by 5 paise against dollars. | 02-05-2023 23:38:05 | view |
| Cotton sowing area likely to increase by 5% in Indore division | 01-05-2023 22:23:04 | view |
| pressure on cotton prices stable in the country | 29-04-2023 00:09:36 | view |
| Rupee strengthened by 1 paise against dollars | 28-04-2023 23:31:49 | view |
| Vietnam apparel industry worst hit by US sanctions | 28-04-2023 20:07:36 | view |
| A look at the Pakistan cotton market | 28-04-2023 19:03:28 | view |
| Expensive cotton shifting Indian textile industry to MMF | 28-04-2023 00:05:17 | view |
| Rupee weakens by 8 paise against dollar | 27-04-2023 23:48:02 | view |
| Cotton spot prices steady in thin trade in Pakistan | 27-04-2023 18:47:05 | view |
| Rupee strengthened by 15 paise against dollar. | 27-04-2023 00:27:30 | view |
| Appeal of Maharashtra Agriculture Department: Farmers should not buy and plant HTBT cotton seeds | 26-04-2023 23:37:05 | view |
| Over 1,300 businesses shut down in Vietnam due to 70-80% drop in orders | 26-04-2023 22:34:00 | view |
| Pakistan government is taking steps to revive cotton | 26-04-2023 19:29:58 | view |
| Cotton's position in Türkiye's economy strengthened in 2022-23 | 26-04-2023 19:20:54 | view |
| Aadhaar authentication required to avail cotton MSP | 26-04-2023 00:32:09 | view |
| Research on good quality cotton seed in Pakistan | 26-04-2023 00:08:52 | view |
