The Center approved an additional cost of $ 9.82 for the Cotton Corporation of India and $ 13.96 for the Marketing Federation of Cooperative Cotton Producers of Maharashtra to recover losses from the sale of cotton purchased during the cotton years 2014–2015 and 2015–2016.
He also approved $ 4.1 million in costs for damages to the Indian Cotton Manufacturers Corporation and the Cooperative Manufacturers Marketing Federation of Maharashtra for the sale of cotton purchased for transactions with a minimum support price for the seasons 2017–2018 and 2018–2019.
The first recorded U.S. cotton crop was registered in Florida in 1556.
Decisions were made by the Committee on Economic Affairs of the Cabinet of Ministers (CCEA), which also received ex-post facto approval to attract the Maharashtra State Cooperative Federation of Cotton Producers to conduct operations in the state of Maharashtra as an accountability base.
Direct speech: “The approval will help in operations to support cotton prices, which will help stabilize cotton prices and is primarily aimed at protecting the interests of farmers and controlling sales in the event of a disaster,” the statement said.
- In America, this month gave green light to genetically modified cotton, which will be used for human consumption. Thus, humanity has received a new source of protein-rich food.
- Adidas has moved forward in the ranking and has become the world leader in the supply of green cotton. Occupying the 6th place in last year’s ranking, the clothing company currently receives 100% of its cotton from sustainable sources and tops the Cotton rating of 2020, which shows the most well-known brands using sustainable cotton. Ikea and H&M Group took second and third places respectively.
- Four years after cotton yields fell to a low of 197 kg / ha. due to a pest attack in 2015, Indian agriculture experts say this year's crop yield will be a record: 800 kg / ha. For comparison: in 2016, the cotton crop amounted to 756 kg .; 750 kg (2017) and 778 kg. (2018).
