Maharashtra Cotton Association Aurangabad Conference Highlights
2024-09-21 12:59:34
Highlights of the Maharashtra Cotton Association Aurangabad Conference
Mr. Shri Bhupendrasingh Rajpal, President of the Maharashtra Cotton Association, urged farmers and ginners to focus on Kasturi brand cotton to secure profits of ₹1,000-1,500 per candy. He emphasized the need for mandatory data submission from ginners and millers to improve crop estimates, with penalties for non-compliance.
He called for a hedging system akin to those in China and Brazil to ensure business sustainability and congratulated Gujarat farmers for producing high-quality cotton that commands substantial premiums. This season, a trash percentage standard of 3.5% has been established, with deductions for higher levels.
Rajpal also announced the formation of the Marathwada Cotton Association, alongside existing associations in Vidarbha and Khandesh. While current cotton crop conditions are good, he noted that a 5% reduction in sowing could significantly impact yields. Cotton associations continue to support the textile industry by maintaining a ₹2 per unit electricity subsidy.
Additionally, the Bureau of Indian Standards (BIS) decision is on hold for another two years, and fertilizer bags have been made colorful to prevent contamination.
