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India extends EO period for advance and EPCG authorizations till August 31India's Directorate General of Foreign Trade (DGFT) has recently announced extension of the Export Obligation (EO) period for certain export promotion schemes as geopolitical developments have impacted global shipping routes, logistics corridors and international supply chains.DGFT has provided automatic extension of EO period or block-wise EO fulfillment period till August 31, 2026 for specified advance authorizations and export promotion capital goods (EPCG) authorizations where the EO period is expiring between March 1 and May 31 this year.The extension will be granted automatically, and exporters will not be required to submit any separate application or pay any composition fee to avail the benefit.A release from the Ministry of Commerce and Industry said the measure will provide additional operational flexibility to exporters facing disruptions.The exemption applies to advance authorisations, including annual requirement and special advance authorisations, as well as EPCG authorisations.The extension granted will be in addition to the existing provisions under the Foreign Trade Policy (FTP) and Handbook of Procedures, which allows exporters to seek EO period extension on payment of prescribed composition fee.Regional officers of DGFT will verify compliance with EO requirements at the time of issuing EO Discharge Certificate, closure or regularization of the authority.read more :- Bhilwara's musk cotton will shine in the global market

Bhilwara's 'Kasturi Cotton' will shine in the global market, farmers will get premium priceThis is a big gift for the cotton farmers of Bhilwara district. Indian cotton is recognized globally as a premium brand ‘Kasturi Cotton Campaign’ The conch was blown. Ministry of Agriculture and Textiles, Federation of Indian Textile Industry and Cotton Research Institute This is a big gift for the cotton farmers of Bhilwara district. With the aim of establishing Indian cotton as a 'premium brand' globally, 'Kasturi Cotton Campaign' was launched in Udalias village of Sahada block on Sunday. In this farmer seminar organized under the joint aegis of the Ministry of Agriculture and Textiles, Indian Textile Industry Federation and Cotton Research Institute, experts shared the roadmap to make the farmers prosperous. GS Ametha, State Project Officer of Cotton Development Research Organisation, said that the high quality Kasturi cotton prepared through scientific method will fetch the farmers the best price in the market. CM Yadav, senior scientist of Krishi Vigyan Kendra, taught the tricks of increasing production and quality through balanced fertilizer management and modern techniques. Describing this initiative as a boon for the district, Agriculture Officer Kajod Mal Gurjar said that the climate, soil and advanced marketing facilities here are completely suitable for Kasturi cotton. In the program, District Coordinator Govind Parashar, Bharat Kumar Sharma, Bhupesh Kumar and Sanjeev Kumar and other experts also gave tips on advanced farming and marketing.read more :- Rupee fell 12 paise to close at 92.33 per dollar

The Indian rupee on Monday lower 12  paise to close at 92.33 per dollar, while it opened at 92.21 in the morning.At close, the Sensex was down 1,352.74 points or 1.71 percent at 77,566.16, and the Nifty was down 422.40 points or 1.73 percent at 24,028.05. About 941 shares advanced, 3224 shares declined, and 166 shares unchanged.read more :- Cotton production in Khandesh dropped by 40%

Shine of 'white gold' fades in Khandesh, 40% decline in cotton productionThere has been a decline of about 40 percent in cotton production this year in Khandesh region, due to which the cotton season seems to be ending prematurely. The cotton season, which usually lasts from April to May, has stopped this time in the beginning of March. Although the Cotton Corporation of India (CCI) has extended the procurement deadline till March 15, the arrival of cotton in the mandis has almost stopped.Cotton is cultivated on a large scale in Khandesh, Vidarbha and Marathwada regions of the state, which farmers consider as 'white gold'. This time due to adverse weather conditions and heavy rains there has been a major impact on production.fall in market pricesIn the last two weeks, cotton prices have fallen by Rs 300 to Rs 400 per quintal in the private markets of Jalgaon and Khandesh. At present the price of cotton in the market is ranging between Rs 6500 to Rs 7000 per quintal. Many farmers had kept cotton at home in the hope of better prices, but they are facing disappointment due to the fall in prices. Due to low prices, many farmers are avoiding bringing their produce to the market, due to which private ginning and pressing factories are also almost closed.Farmers have large amount of stockIn Khandesh, about one lakh bales of cotton are still available with the farmers. This stock is mainly held by large farmers, who have held cotton in the expectation that the price will rise. According to Pradeep Jain, founder president of Khandesh Ginning Association, considering the current market conditions, this cotton is likely to come in the market in the next season only.Distance of farmers from government centersCotton arriving in the mandis at the end of the season is often being rejected at government procurement centers citing lack of moisture or quality. Due to this, farmers are disappointed and are staying away from government centers and are forced to keep their produce at home.read more :- The rupee fell 47 paise to open at 92.21. 

The rupee fell 47 paise to open at 92.21/USD.The Indian rupee fell 47 paise to open at 92.21 per dollar on Monday, after closing at 91.74 on Friday.READ MORE :- Long queues for cotton sale, CCI centres to remain open for 7 days

Farmers queue up to sell cotton, but CCI centers will only be open for seven daysFarmers in Marathwada are becoming increasingly concerned about selling cotton. The Cotton Corporation of India (CCI) has extended the cotton procurement deadline to March 15, but due to the holidays, farmers will only have seven days for the actual procurement.This period includes two Saturdays, three Sundays, and the Holi and Rangpanchami holidays. Farmers say it will be difficult to procure cotton from all farmers in such a short period.Approximately two thousand farmers in Gangapur taluka are waiting to sell cotton, while across the district this number has reached nearly eight thousand. A large number of farmers are still waiting for their turn.Improvements in Slot Booking and Message UpdatesPreviously, farmers faced significant difficulties due to the closure of slot booking at some procurement centers. Now, this process has been improved, and messages regarding cotton sale dates are being sent to farmers on their registered mobile numbers. Farmers who have not yet received the message have been urged to contact the relevant market committee.Demand for Extension of Center Opening HoursFarmers say that due to holidays, procurement will only be possible for seven days until March 15th. Therefore, it is not possible to procure cotton from all farmers in such a short time. Therefore, farmers have demanded that CCI procurement centers remain open until March 31st instead of March 15th.Fear of Lower GradesLast year, CCI reduced cotton grades several times due to deficiencies in grading and screening. This year, similar concerns are being raised, leading to concerns among farmers that they may suffer losses due to the quality of their cotton.Farmers Expect Better PricesAt the beginning of the season, cotton prices in the market were below the Minimum Support Price (MSP), so a large number of farmers turned to CCI centers to sell their cotton. Although a significant amount of cotton has been procured in the district so far, approximately 20 to 25 percent of the cotton remains lying in farmers' homes in rural areas.Farmers are waiting in hopes of receiving better prices. Therefore, they say it is important to keep procurement centers open for longer periods so that all farmers have a chance to sell their cotton.read more :- CCI weekly cotton auction: 1.08 lakh bales sold, prices stable

CCI Weekly Cotton Auctions: 1,08,500 Bales Sold as Prices Remain SteadyDuring the week from March 2 to March 6, 2026, the Cotton Corporation of India (CCI) maintained stable cotton prices while continuing its regular online auctions across multiple centers for mills and traders. The auctions recorded total weekly sales of around 1,08,500 bales for the 2025–26 season, reflecting steady demand from both textile mills and trading participants.Day-wise Sales PerformanceMarch 2, 2026:CCI opened the week with strong auction activity, selling 46,900 bales from the 2025–26 crop.Mills purchased 22,900 balesTraders bought 24,000 balesMarch 4, 2026:Sales totaled 19,000 bales, all from the current season.Mills purchased 2,900 balesTraders accounted for 16,100 balesMarch 5, 2026:CCI sold 14,600 bales from the 2025–26 crop.Mills purchased 4,800 balesTraders bought 9,800 balesMarch 6, 2026:The week concluded with sales of 28,000 bales, entirely from the current season.Mills purchased 13,800 balesTraders bought 14,200 balesCumulative sales :Following the latest auctions, CCI’s total sales reached:13,66,600 bales for the 2025–26 season, and 98,83,200 bales for the 2024–25 season.

India-Japan textile exports likely to pick up At the seventh joint committee meeting under the India-Japan Comprehensive Economic Partnership Agreement (CEPA) held recently in Tokyo, Indian commerce secretary Rajesh Agrawal noted the significant potential of export of Indian textiles, pharmaceuticals, agriculture and services to Japan.Both sides reviewed issues relating to the implementation of the CEPA and deliberated on ways to further strengthen bilateral economic engagement, the Indian Ministry of Commerce & Industry said in a release.Discussions covered a wide range of issues, including bilateral trade and investment, improving the business environment, and the upcoming 14th Ministerial Conference of the World Trade Organisation.While the Japanese side underscored the need to enhance and diversify bilateral trade and investment, Agrawal underlined the importance of achieving a more balanced bilateral trade relationship to ensure long-term sustainability.A trade and investment roadshow was organised by the embassy of India in Japan in collaboration with the Confederation of Indian Industry (CII) and the Japan Business Federatiom (Keidanren), focusing on promoting trade from India and facilitating greater investment flows from Japanese companies.read more :- Rupee fell 09 paise to close at 91.74 per dollar

The Indian rupee on Friday lower 09  paise to close at 91.74 per dollar, while it opened at 91.65 in the morning.At close, the Sensex was down 1,097 points or 1.37 percent at 78,918.90, and the Nifty was down 315.45 points or 1.27 percent at 24,450.45. About 1813 shares advanced, 2217 shares declined, and 169 shares unchanged.read more :- Cotton procurement period extended, relief to farmers

Big Turn in Cotton Prices: Extension of Procurement Period Brings Relief to FarmersThere is positive news for cotton farmers as the Central Government has extended the procurement period for cotton at the Minimum Support Price (MSP) in Maharashtra. This extension has provided farmers additional time to sell their produce, and market activity is expected to improve in the coming days.Until about a month ago, cotton was fetching good prices in agricultural markets across the district. Due to active buying by private traders and local demand, prices had reached around ₹8,500 per quintal.However, with a decline in demand, prices started to fall. At present, cotton is being sold in mandis at around ₹7,000 to ₹7,200 per quintal.Due to the price drop, many farmers have chosen to store their cotton instead of selling it, hoping for better rates in the future as market demand improves.Earlier, the last date for procurement by the Cotton Corporation of India (CCI) at guaranteed MSP was fixed as February 27. With the deadline approaching, farmers expressed concern and demanded an extension of the procurement period.Responding to these demands, the Central Government has extended the MSP procurement period till March 15. This decision has brought significant relief to cotton growers.With current market prices remaining low, many farmers are now expected to sell their produce at CCI procurement centers to secure guaranteed MSP rates. As a result, cotton arrivals at these centers are likely to increase in the coming days.At present, CCI is procuring cotton at nine centers in the district, including Chikhalgaon, Borgaonmanju, Akot-1, Akot-2, Chohotta Bazaar, Telhara, Paras, Barshitakli, and Murtijapur.Overall, this extension has provided timely relief to farmers. Meanwhile, market committees and private traders believe that cotton prices may improve in the near future, and farmers continue to closely monitor market trends.read more :- CCI stops purchase, cotton farmers worry increased

Cotton Farmers in Adilabad Hit Hard as CCI Halts ProcurementAdilabad: Cotton farmers in Adilabad and nearby districts are facing severe financial stress following the halt of procurement by the Cotton Corporation of India (CCI) on February 27. With no further extension granted, many farmers have been forced to sell their produce to private traders at prices significantly below the Minimum Support Price (MSP).According to official data, cotton was cultivated over approximately 12.60 lakh acres across Adilabad, Mancherial, Kumram Bheem Asifabad, and Nirmal districts during the 2025 season. Initial estimates projected a production of nearly 70 lakh quintals, but adverse weather conditions led to a notable decline in overall output.CCI had commenced procurement on October 27, offering ₹8,110 per quintal for cotton with 8–12% moisture content. However, the price was later reduced by ₹100 per quintal due to higher moisture levels and smaller seed size, further impacting farmers’ income.Although procurement was officially stopped on February 20, protests by farmer groups and political parties, particularly the BRS, led to a short extension until February 27. Demonstrations, including road blockades, were held, and memorandums were submitted to district authorities demanding an extension.Despite continued appeals from farmer organizations and political leaders to extend procurement until March 25, the decision remained unchanged.With procurement centres now closed, farmers are compelled to sell cotton at around ₹6,500 per quintal—nearly ₹1,500 below MSP—resulting in substantial losses.Borranna, district convener of Rythu Swarajya Vedika, highlighted that farmers are facing multiple challenges from sowing to harvesting. He stated that cotton farming, once profitable, has become increasingly unsustainable due to weak market support and unseasonal rainfall.Procurement figures also reflect the downturn. The erstwhile Adilabad district has recorded around 45 lakh quintals of procurement so far, compared to 56.94 lakh quintals last year. At the Adilabad Agriculture Market Yard, procurement stood at 18.93 lakh quintals, down from 25.38 lakh quintals in the previous season. Similar declines have been reported in market yards across Asifabad, Nirmal, and Mancherial districts.Overall, the situation underscores growing distress among cotton farmers, with falling prices, reduced procurement, and adverse weather compounding their challenges.read more :- The rupee fell 05 paise to open at 91.65 against the dollar.