Indian Cotton Imports Grow Despite Price StrainIncreasing import of raw and waste cotton in the last seven months has brought to fore the urgent need for measures to improve cotton productivity in India.Cotton imports were to the tune of $104 million in August 2024, $134.2 million in September 2024, $127.71 million in October, $170.73 million in November, and $142.89 million in December, 2024. In January this year, it stood at $184.64 million.Comparably, the imports were $74.4 million in August 2023, $39.91 million in September 2023, $36.68 million in October 2023, $30.61 million in November 2023, and $29.47 million in December 2023. In January 2024, the imports were $19.62 million.Meanwhile, the Cotton Corporation of India (CCI) has procured close to 100 lakh bales of Indian cotton that has come into the market since the beginning of the new season on October 1, 2024. In the peak cotton arrival season in December 2024, the CCI bought almost 60% of the daily arrivals at the minimum support price (MSP). The price of the Shankar 6 variety of cotton on Saturday was ₹52,500 a quintal.Jaipal, a cotton farmer in Telangana, said at the beginning of the season that farmers are not happy because yield is less. “International cotton prices are weak and mills are able to buy from there,” he said.Kurbur Shanthakumar, president of Karnataka State Federation of Farmer Associations, said the cost of production per quintal is ₹9,000 and the MSP is ₹7,235. But, brokers were buying in the open market at only ₹5,000 to ₹5,500 per quintal.The Union Budget announced in February has a Cotton Mission aimed at improving productivity.For the Indian textile industry, international cotton prices are weak and with export demand looking up for garments and home textiles, there is a need for the textile industry to be internationally competitive. More than 60% of garments exported are cotton-based. Extra Long Staple cotton can be imported duty free and exporters can import cotton without duty under Advance Authorisation. The mills seem to have imported cotton as international cotton prices were lower than Indian prices and the imports have not disturbed the local market, industry sources said.“Brazil is an aggressive seller [in the international market]. Australia, the U.S., Africa, and Brazil were all comfortably placed in prices till a few days ago. Indian cotton prices were higher compared with these countries. The Indian textile mills took a calculated risk and imported in spite of 11% duty as Indian cotton and yarn are relatively over priced. The Indian government and textile industry should look at boosting demand so that textile exports increase and cotton prices remain in parity for the producers and processors. It is also very critical to maintain ‘fibre security’ for the mills by increasing cotton productivity and area,” Manish Daga, president of the All India Cotton Farmers Producers Organisations Association, said.read more :-Rupee Declines by 38 Paise, Opening at 87.26 vs US Dollar
In relation to the US dollar, the rupee opens 38 paise lower at 87.26.The Indian rupee on Monday opened 38 paise lower at 87.26 against the US dollar, as against the close at 86.88 on Friday.The Indian rupee opened 38 paise lower on March 10 due to concerns over global trade despite the easing dollar index.read more :-Indian Rupee higher 23 Paisa, Ends at 86.88 per Dollar
Indian Rupee Climbs 23 Paisa, Ends at 86.88 Against US DollarThe Indian rupee on friday higher 23 paise to close at 86.88 per dollar, while it had opened at 87.11 in the morning.At close, the Sensex was down 7.51 points or 0.01 percent at 74,332.58, and the Nifty was up 7.80 points or 0.03 percent at 22,552.50. About 2431 shares advanced, 1400 shares declined, and 120 shares unchanged.read more :-Insurance claim to Haryana cotton farmers was Rs 281 crore, but govt, firm reduced it to Rs 80 crore
Haryana Cotton Farmers' Insurance Claim Slashed from Rs 281 Crore to Rs 80 Crore by Govt and CompanyAn alleged "fraud" by way of denying the insurance claims of cotton farmers in Bhiwani and Charkhi Dadri districts during the Kharif 2023 season had been brought to the attention of the government by some farmer activists.The activists, who submitted a complaint to the state government, alleged that the farmers had been assessed a total insurance claim of Rs 281.5 crore in Bhiwani district on the basis of the Crop Cutting Experiment (CCE).However, the insurance firm later approached higher authorities to challenge the insurance amount, which referred the matter to the State Technical Advisory Committee (STAC).The STAC took a decision to approve technical yield assessment for cotton crop insurance claims.Based on this technical assessment, the insurance claim was reduced to just Rs 80 crore.More shockingly, the activists alleged that this STAC was a defunct body when it called a meeting and took the decision. Dr Ram Kanwar, a farmer activist, alleged that the matter of insurance claims was referred to the STAC, an advisory body whose term had expired on August 1, 2024.However, the Director of Agriculture, Rajnarayan Kaushik, and the Joint Director (Statistics), Rajiv Misra, allegedly convened a meeting of this defunct committee on August 20, 2024, and took a decision to approve technical yield assessment for cotton crop insurance claims.Thus, he alleged, the body was not authorised to take any decision after its term had expired on August 1, 2024.Kanwar said that the matter regarding the settlement of cotton crop insurance claims under the Pradhan Mantri Fasal Bima Yojana (PMFBY) for Kharif 2023 for two districts - Bhiwani and Charkhi Dadri districts has taken serious connotations with the denial of about Rs 200 crore of claims of the farmers in the wake of a decision taken by a redundant body.They have submitted the complaint to the chief minister for action against the officials responsible for the alleged fraud with the farmers and to ensure the insurance claims of the farmers.Dayanand Punia, a farmer activist in Siwani tehsil of Bhiwani district, informed that as per the CCE, 34 villages in Siwani block were set to get insurance claims for cotton loss, but the technical assessment showed that about 20 villages had no insurance claim.Punia said that they would not tolerate this injustice regarding the crop insurance of their cotton fields for the year 2023."Despite having insured their crops, the Agriculture Department conducted village-wise crop cutting surveys and determined the per-acre compensation for each village. However, the insurance company, in collusion with the government, rejected the department's report," he alleged.Punia further alleged that the insurance firm claimed that satellite reports did not show any significant crop damage and termed it a scam."We will stage a demonstration at the Siwani office in SDM Office on March 10," he said.Kanwar said that as per government guidelines, the claims should be settled based on Crop Cutting Experiments (CCEs) conducted by state officials. However, the company allegedly refused to honor these claims and instead pushed for an alternative method—technical yield assessment—which is only permitted for wheat and paddy, not for cotton.The complaint further states that the District Level Monitoring Committee (DLMC) of Bhiwani, headed by the Deputy Commissioner, had also rejected the objections raised by the insurance company and directed it to release payments within seven days. "Instead of complying with the DMLC, the insurance firm challenged the decision before the Director of Agriculture and Farmers' Welfare," he stated. The Director, Agriculture Rajnarayan Kaushik, however, did not respond to the calls and messages for his version.read more :- Vidarbha farmers demand HTBt cotton seeds to improve yield
To increase production, farmers in Vidarbha want HTBt cotton seeds.Nagpur : Farmers from across Vidarbha, especially Yavatmal, have urged the govt to make available the latest Herbicide-Tolerant BT cotton (HTBt) seeds to improve the crop yield in the coming season. The farmers claimed that over the years, pests have evolved and are now immune to the Bt cotton variety and pose a major threat to the crops.The farmers were speaking at a gathering organised by the National Farmers Empowerment Initiative on Thursday. Addressing the media, a group of cotton farmers of Vidarbha put forth the demand, saying that the pink bollworm, a major threat to cotton crop, has become resistant to the Cry1Ac toxin produced by the Bt cotton."Bt cotton has been a huge help to us for many years now, but we need the latest research and innovations in terms of cotton seeds," Ganesh Nanote, a cotton farmer from Akola, said. Nanote said that other cotton-producing countries, like the USA, Brazil and Australia have already adopted the HTBt cotton, and Indian farmers too deserve the same opportunity.Farmer leader Milind Damble said that Yavatmal's soil has a high limestone content, which makes agriculture a difficult task. "A majority of farmer suicides are caused because the ryots are not able to produce enough yield," he said.Damble further highlighted the water scarcity in the district saying that in the winter months, they receive water only two to three days a month. "The situation eases up a little during the monsoon, from June when we get water 15 - 17 days," he said. "Due to the evolved bollworm, we have to spray pesticides on our crops, and it takes 10 men to tend to just one hectare of land," he said. Damble added that if HTBt cotton is introduced, then the requirement of labour per hectare will fall to just two.Vidya Warhade, a farmer, said that while cotton is their main crop, they also grow vegetables and other crops to supplement farm income. "The current yield of cotton is not enough for us to sustain. We need to implement measures that will help us increase cotton yield," she said.Another farmer from Yavatmal, Prakash Puppalwar, said that cotton is a global commodity and has high export potential. "For us to stand ahead or at least be at par with the other competitors across the globe, the govt must take some progressive steps," he said.The farmers have demanded that the policymakers interact with them directly to better understand the grassroots level issues rather than relying on third parties for the same.read more :-Rupee Holds Steady at 87.11 vs Dollar
Rupee Remains Stable at 87.11 Against US DollarIndian rupee opened at 87.11 per dollar on Friday against previous close of 87.11.read more :-Indian garments, textiles, yarn may see demand boost as US cotton prices dip amid China’s retaliatory tariffs
As US cotton prices decline due to China's retaliatory tariffs, demand for Indian clothing, textiles, and yarn may increase.The US cotton market’s decline as a result of China’s retaliatory tariffs may increase demand for Indian clothing, yarn, and textile exports.The industry anticipates that India will gain market share in the US and Europe as a result of the retaliatory tariff, which will decrease the competitiveness of Chinese textile exports and boost the availability of superior quality US cotton at lower prices.After China applied retaliatory tariffs of 10–15 per cent, US cotton prices dropped to their lowest levels in four years. With a 31 per cent global market share for its less expensive cotton, India leads the world in the export of cotton yarn.Trade estimates indicate that a decline in domestic production caused India’s imports of cotton to rise by more than 62 per cent in 2024–25 compared to the previous year.The majority of the cotton that India imports from the US falls into the extra-long staple (ELS) category. According to Siddhartha Rajagopal, executive director of the Cotton Textile Export Promotion Council (Texprocil), Indian textile manufacturers may find it financially feasible to increase their imports of US cotton if US cotton prices fall as a result of decreased demand from China.Despite being largely self-sufficient in cotton production, India imports certain ELS cotton and clean and contamination-free cotton to satisfy buyer or quality standards. India purchased US $ 570 million worth of raw cotton from throughout the world between April 2023 and March 2024, with US $ 221 million coming from the US, accounting for 38.7 per cent of the total imports, according to industry data.The US, with its better Extra Long Staple Cotton (ELS), would also try to diversify its cotton exports and turn towards India as a major trading partner because of the limited access in the Chinese market, Rajagopal stated.The tariffs are expected to affect Chinese textile products’ ability to compete in global markets, giving Indian exporters a chance to increase their market share, particularly in countries like the US and the EU.The demand for Indian cotton yarn, textiles, and clothing may increase as a result of this change, boosting export levels. According to Rajagopal, exporters would have more alternatives for pricing as the market for Indian cotton products expands, which will boost their profit margins.read more :-Rupee closed 22 Paise lower at 87.11 Against US Dollar
Indian Rupee lower 22 Paise to87.11 Against US DollarThe Indian rupee on thursday lower 22 paise to close at 87.11 per dollar, while it opened at 86.89 in the morning.At close, the Sensex was up 609.86 points or 0.83 percent at 74,340.09, and the Nifty was up 207.40 points or 0.93 percent at 22,544.70. About 2857 shares advanced, 979 shares declined, and 104 shares unchanged.read more :- Int’l recognition to HAU scientists for finding cotton disease pathotype
HAU Scientists Earn International Recognition for Discovering Cotton Disease PathotypeHisar: Scientists from Chaudhary Charan Singh Haryana Agricultural University (HAU), Hisar, have identified a new pathotype of a severe disease that impacts the cotton crop.HAU vice-chancellor Prof B R Kamboj said on Wednesday that this is the first time that the pathotype (VCG 0111, Race-1) of fusarium wilt has been detected in India.He said scientists had already initiated efforts to manage the disease and remain optimistic about finding an effective solution to it.The discovery has received recognition from Elsevier, a Dutch publishing house specialising in scientific, technical, and medical research. An HAU study on the pathotype has been published in the journal Physiological and Molecular Plant Pathology, making it the first-ever report on this new cotton pathotype.prof Kamboj lauded the research team for the achievement, emphasising the importance of early identification of emerging agricultural threats. He urged scientists to maintain strict monitoring of the disease's spread and implement swift, effective management practices to mitigate its impact on cotton production.HAU director of research Rajbir Garg highlighted the growing menace posed by fusarium wilt, which now affects both ‘desi' and American cotton varieties with increased aggression.Lead researcher Anil Kumar Saini stressed the team's ongoing efforts to decode the disease's outbreak and develop targeted mitigation measures, safeguarding India's cotton industry.read more :-Rupee opens 7 paise up at 86.89 against US dollar
Indian Rupee Gains 7 Paise, Opens at 86.89 Against USDThe Indian rupee on thursday opened 7 paise higher at 86.89 against the US dollar, as against the close at 86.96 on wednesday.Indian rupee opened 7 paise up on March 6 due to sharp reduction in the dollar index and Brent crude oil prices.read more :-Indian Rupee higher 27 Paisa, Ends at 86.96 per Dollar
Indian Rupee Strengthens by 27 Paisa, Closes at 86.96 per DollarThe Indian rupee on wednesday higher 27 paise to close at 86.96 per dollar, while it opened at 87.23 in the morning.At close, the Sensex was up 740.30 points or 1.01 percent at 73,730.23, and the Nifty was up 254.65 points or 1.15 percent at 22,337.30. About 3116 shares advanced, 734 shares declined, and 85 shares unchanged.read more :-Reciprocal US tariffs against India, China, other nations from Apr 2
US to Impose Reciprocal Tariffs on India, China, and Other Nations Starting April 2US retaliatory tariffs would kick in from April 2 against nations charging higher duties on American exports, President Donald Trump announced yesterday. These nations include China and India.In his address to the joint session of Congress, Trump called tariffs charged by India and other countries, including China, ‘very unfair’.Trump said he wants to impose the same tariff on imports from foreign countries as those nations impose on US exports."Other countries have used tariffs against us for decades and now it's our turn to start using them against those other countries. On average, the European Union, China, Brazil, India, Mexico and Canada—have you heard of them—and countless other nations charge us tremendously higher tariffs than we charge them. It's very unfair," Trump said Tuesday night in the longest address to the Joint Session of the Congress."India charges us auto tariffs higher than 100 per cent…..China's average tariff on our products is twice... and South Korea's average tariff is four times higher. Think of that, four times higher. And we give so much help militarily and in so many other ways to South Korea. But that's what happens. This is happening by friend and foe. This system is not fair to the United States. It never was," he was quoted as saying by global media reports.His administration would also retaliate to non-monetary tariffs with ‘non-monetary barriers’, Trump said."They don't even allow us in their market. We will take in trillions and trillions of dollars that create jobs like we have never seen before. I did it with China, and I did it with others, and the Biden administration couldn't do anything about it because there was so much money, they couldn't do anything about it," he said."We have been ripped off for decades by nearly every country on Earth, and we will not let that happen any longer," he added.Higher tariffs on Indian exports like textiles would make these products more expensive in the United States, reducing demand, which may hurt Indian manufacturers and exporters and raise prices for American consumers.The announcements came after the United States decided to impose 25-per cent tariffs on its neighbouring countries and two of its biggest trade partners, Mexico and Canada.The United States also doubled tariffs on Chinese goods from 10 per cent to 20 per cent, citing lack of action from China on its alleged role in fentanyl production and exports.read more :-Cotton News: Big upheaval in cotton prices in March! What do experts predict?
March Cotton Market Shock: Experts Predict Major Price Volatility!Cotton News :- There has been a big stir in the cotton market in early March. At present, the arrival of cotton in the market is slow and the Cotton Corporation of India (CCI) has purchased a total of 94 lakh bales of cotton so far. However, there has not been much positive impact on cotton prices and the current price is still below the minimum support price.Cotton prices are under pressure due to the continuous slowdown in the international market and stable demand in the domestic market. According to experts, there is little chance of any major improvement in cotton prices in March as well. Even though the country's total cotton production has declined, the country's cotton industry is also being affected by the low prices of cotton and yarn in the international market.Currently, cotton prices are falling continuously in the international market. By noon, this rate fell by about 3 percent to 63 cents per pound. Due to this, American farmers are also trapped in the economic crisis, which is indirectly affecting the Indian cotton farmers.Due to low prices, cotton imports are being boosted in the country, so there is no major bullish trend in the local market. According to experts' estimates, cotton prices are likely to fluctuate between Rs 100 and Rs 200 in March, but there is little chance of a stable and big increase.The cotton season has now completed five months and so far 21.6 million bales have arrived across the country. The country's estimated total production is 30.1 million bales, out of which about 72 percent of cotton has already been sold by farmers. Now only 28 percent of cotton arrivals are left.Due to a sharp decline in cotton production this year, farmers were likely not to get the expected price. However, due to the slowdown in the global market and low demand, prices have not increased much. Arrivals in the market are gradually decreasing, but there is pressure on prices.Cotton market price situation in MarchUsually, a decrease in cotton arrivals is seen in the month of March, which leads to improvement in prices. However, this year the situation is different. Currently, the average price of cotton in markets across the country is Rs 7,000 to Rs 7,300 per quintal. On an average, 90,000 to 1 lakh bales are arriving per day. Arrivals are likely to fall further in March, but it is not yet certain whether this will have a positive impact on price rise.Cotton purchases made by CCI so farThe Cotton Corporation of India (CCI) has so far procured 94 lakh bales of cotton, of which 28 lakh bales have been purchased from Maharashtra alone. However, due to lack of expected demand from the industrial sector, CCI has had to buy about 43 per cent of the country's total cotton imports. Cotton prices have improved somewhat in the last three weeks, but there have been some obstacles in CCI's procurement process.Therefore, CCI's purchases have slowed down in the last few days, which has benefited the open market. Therefore, farmers are now preferring to sell cotton in the open market. However, there are no signs that cotton prices will increase significantly in March, so farmers need to be cautious in their selling decisions.read more :-Rupee opens 4 paise up at 87.23 against US dollar
Indian Rupee Gains 4 Paise, Opens at 87.23 Against USDThe Indian rupee on wednesday opened 4 paise higher at 87.23 against the US dollar, as against the close at 87.27 on tuesday.read more :-Asia-Pacific Cotton Yarn Market Consumption Growth Trend, By 2035
Growth Trend in the Asia-Pacific Cotton Yarn Market Consumption by 2035Projected to Reach US$72.7 Billion Over the next ten years, the Asia-Pacific region is projected to continue its upward trend in cotton yarn consumption, driven by the growing demand for cotton yarn, says a report by IndexBox. The market is expected to continue on its current trajectory, growing at an estimated compound annual growth rate (CAGR) of +0.5 percent between 2024 and 2035, and reach a market size of 19 million tons by the end of 2035. In value terms, the market is expected to grow at an estimated compound annual growth rate (CAGR) of +1.3 percent between 2024 and 2035, and reach a market size of US$72.7 billion (at nominal wholesale prices) by the end of 2035.Consumption of cotton yarn in Asia-Pacific stabilized last year at 18 million tons expected in 2024. In 2024, the Asia-Pacific cotton yarn market was valued at US$62.8 billion, almost the same as last year.The three largest consuming countries in 2024—China (7.4 million tons), India (4.7 million tons) and Pakistan (3.4 million tons)—accounted for 88 percent of total consumption.Among the major consuming countries, India achieved the most notable rate of consumption growth (compound annual growth rate of +8.5 percent) from 2013 to 2024, while consumption in other leading countries grew at more moderate rates.China (US$30.4B) led the market alone in terms of value, with India in second place (US$15.2B) followed by Pakistan. The average annual growth rate of value in China from 2013 to 2024 was -3.8 percent. The average annual rates in the other countries were as follows: Pakistan (+3.1 percent annually) and India (+8.0 percent annually).India achieved the highest rate of consumption growth among the major consumer countries between 2013 and 2024 (a compound annual growth rate of +7.4 percent), while the other leaders' consumption grew at more moderate rates.Cotton yarn production remained largely unchanged from the previous year, with 18 million tons produced in Asia-Pacific in 2024. Projected export values for cotton yarn production in 2024 were US$61.7 billion.The three countries with the highest production in 2024—China (6.2 million tons), India (5.8 million tons), and Pakistan (3.7 million tons)—accounted for 87 percent of total production. Bangladesh, South Korea, Vietnam, and Indonesia followed slightly behind, contributing an additional 11 percent.China was the largest importer of cotton yarn in 2024, accounting for 59 percent of all imports with 1.5 million tons. South Korea (176K tons) and Bangladesh (531K tons), which accounted for 28 percent of total imports, followed closely behind. Vietnam remained far behind at the top with 84K tons.With a 52 percent share in total imports, China (US$3.5B) is the largest market in the Asia-Pacific region for imported cotton yarn. Bangladesh (US$1.6B) was second (US$1.6B), accounting for 23 percent of total imports. South Korea was second with an 8.1 percent share.With nearly 37 percent and 34 percent share in total exports, respectively, India (1 million tons) and Vietnam (1 million tons) were the top exporters of cotton yarn in 2024. China was second with 287K tonnes or 10 percent of total shipments (in physical terms), followed by Pakistan with 9.3 percent. These leaders were far ahead of Malaysia (89K tonnes), Indonesia (70K tonnes) and Taiwan (Chinese) (64K tonnes).In 2024, the three nations with the largest export value – China (US$1.1 billion), Vietnam (US$2.8 billion) and India (US$3.4 billion) – accounted for 83 percent of all exports. With a combined 15 percent share, Pakistan, Malaysia, Indonesia and Taiwan (Chinese) trailed slightly behind.read more :-Indian Rupee higher 9 Paisa, Ends at 87.27 per Dollar
Indian Rupee Strengthens by 9 Paisa, Closes at 87.27 per DollarThe Indian rupee on tuesday higher 9 paise to close at 87.27 per dollar, while it opened at 87.36 in the morning.At close, the Sensex was down 96.01 points or 0.13 percent at 72,989.93, and the Nifty was down 36.65 points or 0.17 percent at 22,082.65. About 2133 shares advanced, 1673 shares declined, and 118 shares unchanged.read more :-China will retaliate by imposing 10 to 15% tariff on US products
China will respond by taxing US goods by 10% to 15%.China has also sounded the bugle of a global trade war. US President Donald Trump has imposed an additional 10 percent tariff on China from today. Along with this, the Chinese Finance Ministry has announced that it will impose an additional tariff of 10-15% on some imports from the US. This will come into effect from March 10. These tariffs will apply to major imports from the United States, including chicken, wheat, corn and cotton. China's decision could be decisive in the trade war between the world's two largest economies.The Chinese ministry said in a statement that an additional 15% tariff will be imposed on imports of US poultry, wheat, corn and cotton. The duty on soybeans, pork, beef, seafood, fruits, vegetables and dairy products will be increased by 10%. The US has imposed heavy duties on imports from China, Canada and Mexico from today. This has worried traders. Trump imposed a 25% tariff on all imports from Canada and Mexico, while also raising tariffs on Chinese products by an additional 10% on top of existing tariffs. The move is reportedly part of the US strategy to rebuild trade relations. But experts have warned that such a drastic step could disrupt global supply chains.read more :-Cotton crisis in Punjab: How regulatory hurdles might be making things worse
Punjab's cotton crisis: How potential regulatory obstacles could be exacerbating the situationIn recent years, whiteflies and pink bollworms have wreaked havoc on the cotton crop in North India. Cotton yields are down, as is the area under cotton cultivation — the crop was cultivated in only one lakh hectares in Punjab in 2024, down from nearly eight lakh hectares three decades back. The drop in acreage has in turn harmed the ginning industry — only 22 ginning units remain operational in Punjab today, down from 422 in 2004.Ahead of the cotton sowing season, farmers are thus calling for the swift approval of Bollgard-3, a new pest-resistant genetically-modified (GM) cotton variety developed by Monsanto. Can this be a game-changer? The short answer is that it can be. But Indians won’t have access to it any time soon.Bollgard-3, a Bt cotton varietyBollgard-3 was developed by Monsanto more than a decade ago, and shows remarkable resistance to pests. It contains three Bt proteins Cry1Ac, Cry2Ab and Vip3A that cause insect death by disrupting their normal gut function. This in turn allows for the growth of a healthier cotton crop, and increases yield.Bacillus thuringiensis (Bt) is a soil-dwelling bacterium with potent insecticidal properties. In the past few decades, researchers have successfully inserted certain genes from Bt in various crops, like cotton, providing these with insect-repellent properties.Bollgard-1 was a Monsanto-developed Bt cotton introduced in India in 2002, followed by Bollgard-2 in 2006. The latter remains prevalent today. And although these do have some pest-repellent properties, they are not effective against the whitefly and the pink bollworm, which arrived in Punjab in 2015-16 and 2018-19 respectively.This is why farmers are demanding the introduction of Bollgard-3, which is particularly effective against lepidopteran pests like pink bollworm.BG-2RRF, a more likely optionHowever, Bollgard-3 is not available in India at the moment, although it is being used in other cotton-growing countries around the world. What is the closer to being available is the Bollgard-2 Roundup Ready Flex (BG-2RRF) herbicide tolerant variety, although even this is pending final regulatory approval.Dr Y G Prasad, director at ICAR’s Central Institute for Cotton Research in Nagpur, said: “Both government and private trials for BG-2RRF were conducted in India in 2012-13… But the application for commercial use is still pending with the government.”Prasad said that BG-2RRF is an advanced seed technology that makes the cotton crop more tolerant to herbicides. This allows for farmers to better control weeds without harming the cotton plant, ultimately leading to better yields.“However, the approval of the technology has been significantly delayed due to regulatory hurdles, which have hindered the introduction of next-generation seed technologies,” Bhagirath said.This is why Bhagwan Bansal, president of the Punjab Ginners’ Association, said that without high-yielding, pest-resistant varieties like Bollgard-3, the future of Punjab’s cotton industry remains uncertain. Many countries in the world are already adopting these (and even more advanced technologies) and reaping the rewards.Atul Ganatra, president of the Cotton Association of India (CAI), said that Brazil is using Bollgard-5, a variety which protects against multiple pests, weeds, and insects. This has led to the South American country achieving astronomical yields of 2400 kg per hectare, compared to only 450 kg in India.read more :-Rupee Holds Steady at 87.36 vs Dollar
Indian Rupee Holds at 87.36 Against GreenbackThe Indian rupee opened flat at 87.36 against the US dollar on March 4, as compared to 87.36 against the greenback at the previous close.read more :-Indian Rupee lower 2 Paisa, Ends at 87.36 per Dollar
The Indian Rupee drops 2 Paisa and closes at 87.36 to the US dollar.The Indian rupee on Monday fell 2 paise to close at 87.36 per dollar, while it opened at 87.34 in the morning.At close, the Sensex was down 112.16 points or 0.15 percent at 73,085.94, and the Nifty was down 5.40 points or 0.02 percent at 22,119.30. About 1170 shares advanced, 2752 shares declined, and 142 shares unchanged.read more :-NBRI develops GM cotton resistant to pink bollworm
| title | Created At | Action |
|---|---|---|
| Cotton imports increase despite pressure on Indian cotton prices | 10-03-2025 10:59:21 | view |
| Rupee Declines by 38 Paise, Opening at 87.26 vs US Dollar | 10-03-2025 10:28:53 | view |
| Indian Rupee higher 23 Paisa, Ends at 86.88 per Dollar | 07-03-2025 15:44:29 | view |
| Insurance claim to Haryana cotton farmers was Rs 281 crore, but govt, firm reduced it to Rs 80 crore | 07-03-2025 14:46:08 | view |
| Vidarbha farmers demand HTBt cotton seeds to improve yield | 07-03-2025 10:55:13 | view |
| Rupee Holds Steady at 87.11 vs Dollar | 07-03-2025 10:24:12 | view |
| Indian garments, textiles, yarn may see demand boost as US cotton prices dip amid China’s retaliatory tariffs | 06-03-2025 18:02:27 | view |
| Rupee closed 22 Paise lower at 87.11 Against US Dollar | 06-03-2025 15:42:05 | view |
| Int’l recognition to HAU scientists for finding cotton disease pathotype | 06-03-2025 11:03:08 | view |
| Rupee opens 7 paise up at 86.89 against US dollar | 06-03-2025 10:21:00 | view |
| Indian Rupee higher 27 Paisa, Ends at 86.96 per Dollar | 05-03-2025 15:45:40 | view |
| Reciprocal US tariffs against India, China, other nations from Apr 2 | 05-03-2025 13:28:06 | view |
| Cotton News: Big upheaval in cotton prices in March! What do experts predict? | 05-03-2025 11:24:29 | view |
| Rupee opens 4 paise up at 87.23 against US dollar | 05-03-2025 10:27:37 | view |
| Asia-Pacific Cotton Yarn Market Consumption Growth Trend, By 2035 | 04-03-2025 17:44:06 | view |
| Indian Rupee higher 9 Paisa, Ends at 87.27 per Dollar | 04-03-2025 16:00:52 | view |
| China will retaliate by imposing 10 to 15% tariff on US products | 04-03-2025 14:35:46 | view |
| Cotton crisis in Punjab: How regulatory hurdles might be making things worse | 04-03-2025 11:06:29 | view |
| Rupee Holds Steady at 87.36 vs Dollar | 04-03-2025 10:29:42 | view |
| Indian Rupee lower 2 Paisa, Ends at 87.36 per Dollar | 03-03-2025 15:44:35 | view |
