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According to Geojit, The area under summer crops in Maharashtra rose 6% on year to 334,562 ha as of Monday, according to data published by the state agriculture department.

Cabinet approves Rs17,408.85 cr price support to Cotton Corp for 2014-15 to 2020-21

The country’s cotton output was estimated at 35.45 million bales of 170 kilograms each in 2020-21, compared with domestic demand of about 33 million bales.

India Imposes Duty on Cotton Imports to Support Farmers Bloomberg 2/1/2021 Pratik Parija © Bloomberg A bale of cotton sits in a field outside Rogers, Texas, U.S., on Thursday, Aug. 30, 2018. Cotton futures for December delivery fell 1% to 82.72c/lb after reaching 84.25c, the highest since August 13. (Bloomberg) -- India, the world’s biggest cotton grower, imposed a 10% duty on imports of the fiber to help farmers, Finance Minister Nirmala Sitharaman said in her budget speech in parliament on Monday. Popular Searches The tax comprises a basic customs duty of 5% and an ad...

India will look beyond fiscal deficits to get the economy back on its feet. That’s the message conveyed by Finance Minister Nirmala Sitharaman in the annual budget for 2021-22, presented on Monday (February 1, 2021). India’s spending plan aims to jumpstart the economy that has been going through a protracted slump in 2020-21 fiscal year with the GDP growth projected to contract by 7.8 per cent. That’s hardly surprising since all other major economies have taken the fiscal boost route to revive the flagging economic growth. Under the current environment, government spending is a signific...