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Key Points

The Indian government has shown significant support for cotton farmers by purchasing 99.41 lakh bales at the minimum support price this season. The procurement effort, valued at Rs 11,712 crore, has directly benefited approximately 7.25 lakh farmers across cotton-growing states. To further boost the textile sector, the government has registered Kasturi Cotton as a unique national brand and is implementing various initiatives like PM MITRA Parks and PLI schemes. These efforts aim to strengthen India's position in the global textile market while ensuring farmer welfare.

Key Points: Centre Procures 99.4 Lakh Bales Cotton Farmers MSP Support

  • Government purchased 99.41 lakh bales of cotton at MSP
  • Rs 11,712 crore spent on cotton procurement
  • CCI supported 7.25 lakh farmers nationwide
  • Registered Kasturi Cotton as India's trademark brand
2 min read

Centre's purchase of cotton from farmers at MSP crosses 99.4 lakh bales in current season

Government supports cotton farmers with Rs 11,712 crore MSP procurement, benefiting 7.25 lakh farmers across cotton-growing states

"The government purchases prevent the price from falling below the MSP level - Pabitra Margherita, Minister of State for Textiles"

New Delhi, April 1

The Centre has procured 99.41 lakh bales of cotton directly from farmers at the minimum support price (MSP), as on March 25 this year, out of the total arrival of 260.11 lakh bales in the market, the Parliament was told on Tuesday.

Similarly, the government spent Rs 11,712 crore under MSP operations for buying cotton from farmers during the cotton season in 2023-24. The Cotton Corporation of India (CCI) supported the farmers and procured 32.84 lakh bales under MSP operations, benefiting about 7.25 lakh cotton farmers in all cotton-growing states, Minister of State for Textiles Pabitra Margherita told the Rajya Sabha in a written reply.

The government provides MSP to ensure remunerative prices to cotton farmers and saves them from distress sales in any eventuality of Fair Average Quality (FAQ) cotton prices falling below the MSP. The government purchases prevent the price from falling below the MSP level, the minister said.

Further, for global branding of Indian textiles, the government has registered Kasturi Cotton as India’s brand trademark to give a unique identity to premium quality Indian cotton, the minister said.

The support to cotton farmers plays a key role in promoting the growth of India’s textile exports.

Listing the government’s efforts to promote textile exports, the minister said the Global Mega Textile Event BHARAT TEX 2025 was successfully organised in February this year by the Textile Export Promotion Councils (EPCs) and supported by the Ministry of Textiles, to showcase, India's prowess as a premier textile manufacturing hub, encompassing the entire value chain from raw materials to finished products. The event highlighted the diversity and richness of Indian textiles, while emphasising the industry's manufacturing strength, global competitiveness, as well as its commitment to sustainability and circularity.

In order to popularise Indian textiles in global markets and to promote Indian textiles, the government is also implementing various initiatives such as the PM Mega Integrated Textile Regions and Apparel (PM MITRA) Parks Scheme which seeks to create a modern, integrated, world class textile infrastructure; Production Linked Incentive (PLI) scheme focusing on man-made fibre (MMF) fabric, MMF apparel, and technical textiles to boost large scale manufacturing and enhancing competitiveness; National Technical Textiles Mission focusing on research innovation & development, promotion and market Development; SAMARTH – Scheme for Capacity Building in Textile Sector with the objective providing demand driven, placement oriented skilling programmes, the minister added.

- IANS

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Reader Comments

R
Rahul K.
This is great news for our farmers! MSP ensures they get fair prices for their hard work. The Kasturi Cotton branding initiative is also promising for global recognition 👏
P
Priya M.
While the MSP numbers look impressive, I wonder how much actually reaches small farmers vs large landowners. The system needs more transparency in implementation.
S
Sunil T.
My uncle is a cotton farmer in Maharashtra. These MSP purchases have really helped his family during tough years. Hope the government continues this support!
A
Anjali R.
The BHARAT TEX event sounds exciting! India's textile industry has so much potential. Love that they're focusing on sustainability too 🌿
V
Vikram S.
Good to see the government supporting farmers, but what about the long-term solution? We need better irrigation and technology to reduce input costs for cotton growers.
N
Neha P.
The PM MITRA parks could be game changers! If executed well, this could create so many jobs and boost our textile exports. Fingers crossed 🤞

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