Thursday, 31 December, 2020, 08 : 00 AM [IST]
Our Bureau, New Delhi The highlights of the Department of Food and Public Distribution during the year 2020 are as follows:
Centrally Sponsored Pilot Scheme on, âFortification of Rice and its Distribution under Public Distribution Systemâ.
In order to take the country forward from food security to nutritional security, a Pilot Scheme of Rice Fortification is being implemented in 15 States (One district per State). Gradual scaling up of this initiative has also been envisaged to cover the other parts of the country in due course in a phased manner.
Implementation of Targeted Public Distribution System (TPDS), Persistent efforts have resulted in universal implementation of the National Food Security Act, 2013 (NFSA) in all States/UTs, benefitting about 80.60 Crore persons in the country by providing them access to highly subsidisedfood grains at Rs 1/2/3 per Kg for
Cotton futures edge higher to Rs 20,790 per bale in evening trade
In the futures market, cotton for January delivery touched an intraday high of Rs 20,790 and an intraday low of Rs 20,680 per bale on the MCX.
Cotton
Cotton futures were firm at Rs 20,790 per bale on December 31 as participants widened their positions as seen from open interest. Cotton futures in the domestic market rose 0.4 percent yesterday to settle at Rs 20,650 per bale on the MCX.
Mohit Vyas, Analyst at Kotak Securities said, “Profit booking ahead of an extended weekend increased arrivals in the physical market and Cotton Corporation of India putting purchase limit kept cotton under check since last week.”
Global cotton prices likely to gain on four-year low production, higher Chinese imports
Production in China and Australia were expected to increase, while in India, the world’s largest cotton grower, the output was likely to be the same as last year at 29.5 million bales. December 29, 2020 / 06:00 PM IST
Global cotton prices are seen gaining this season (July 2020-June 2021) in view of production projected at a four-year low, higher imports by China and lower carry forward stocks.
According to the International Cotton Advisory Council (ICAC), global cotton production is projected at 24.7 million tonnes against earlier estimates of 24.9 million tonnes. This is against 26.2 million tonnes output last season.
Curbs likely to push farmers into distress sale, says Minister
The State government has requested the Cotton Corporation of India (CCI) to lift the restrictions imposed on the cotton procurement operations till January-end, keeping in view the interests of the farming community as also to avoid distress sale of the fibre crop by farmers.
In a letter addressed to the Chairman and Managing Director of CCI on Tuesday, Minister for Agriculture Singireddy Niranjan Reddy stated that restrictions were imposed to purchase only 15,000 bales each every day in the Warangal and Mahabubnagar regions and only 10,000 bales in Adilabad region. Stating that the current period was key when third picking of the crop was in progress, he requested the CCI to lift the restrictions imposed.
CCI requests farmers to bring cotton crop in phased manner
December 28, 2020
Faces heat from farmers over daily ceiling in procurement process Facing farmers’ anger over a daily ceiling for cotton procurement, the Cotton Corporation of India (CCI) on Monday tried to pacify them with an assurance to continue procurement while requesting them to bring their crops in a “phased manner”.
In an official appeal to farmers on Monday, the CCI management requested the district administration and Agricultural Produce Market Committee (APMCs) to regulate kapas (raw cotton) arrivals in market yards in such a way that fair average quality (FAQ) grade of kapas brought by farmers can be sold, weighed and billed on the same day so that farmers need not stand in long queues and face difficulty in selling their produce.