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Ajit Pawar Said Centre Favourable to Raising MSP for Soybean, Cotton

Center Favorable to Increasing MSP for Cotton and Soybeans, According to Ajit PawarMaharashtra Deputy Chief Minister Ajit Pawar on Wednesday expressed optimism that the central government is inclined towards increasing the Minimum Support Price (MSP) for key agricultural crops such as soybean and cotton, as well as granting export permissions for these products. Pawar, who also oversees the finance and planning departments, made these remarks during a meeting with farmer representatives at the Mantralaya in Mumbai.Pawar reassured farmers that both the state and central governments are committed to ensuring they receive appropriate compensation for crop losses. He stated that discussions with Union Agriculture Minister Shivraj Singh Chouhan have been positive, especially on the issues of raising MSPs and preventing fraudulent practices by insurance companies. "The Centre is keen on addressing farmers' concerns regarding compensation from crop insurance companies, and the positive outcomes will soon be visible," he added.The Deputy CM also highlighted the state's ambitious plan to generate 11,500 megawatts of solar energy, which would ensure daytime electricity supply for agricultural pumps. Additionally, he mentioned that the government is working to clear all obstacles preventing eligible farmers from receiving debt waivers under the Mahatma Jyotirao Phule Scheme, with the goal of resolving these issues by the end of September.On the topic of crop insurance, Pawar emphasized that the government is taking a strong stance to protect farmers from fraudulent practices by insurance firms. He assured farmers that discussions are ongoing with insurance companies to develop a more farmer-friendly solution. Surveys are currently being conducted to assess the damage caused by heavy rains during the kharif season, and the government is making every effort to ensure that no affected farmer is left without assistance.Pawar also mentioned that the Centre has decided not to impose a ban on onion exports, which will provide some relief to farmers. He further added that the process of transferring funds under the Mahatma Jyotirao Phule Farmer Loan Waiver Scheme is nearing completion. Discrepancies in payments are being reviewed to ensure that all farmers receive the full benefits they are entitled to.In the coming days, a delegation of state ministers will meet with central leaders, including Union Cooperation Minister Amit Shah, to discuss pending issues such as agricultural subsidies, MSP for crops, and other support measures for farmers. Efforts are also underway to distribute subsidies for farm wells, drip and sprinkler irrigation, and fruit orchards.In conclusion, Pawar assured farmers that the state government, in coordination with the Centre, is fully committed to addressing their concerns and ensuring that their demands are met, particularly regarding MSP, crop insurance, and compensation for losses.Read More :> Cotton Farmers in Telangana Face Uncertain Future Amid Weather Woes

Cotton prices skyrocketed, 3% higher than MSP, prices will increase further due to less sowing

Prices for cotton surged, rising 3% over MSP; less sowing will cause prices to rise even more.Due to the shortage of cotton, prices are continuously rising in the market. In the current season, cotton prices have gone up by 3% above the Minimum Support Price (MSP), and experts believe that there may be further jump in them in the future.There are many reasons for this increase in cotton prices. In this Kharif season, farmers have sown cotton in 11 lakh hectares less area. Apart from this, heavy rains in major cotton producing states like Maharashtra, Telangana and Andhra Pradesh have caused great damage to the crop. In Punjab too, cotton sowing has decreased compared to last year.Last year, the outbreak of caterpillar pest in the cotton crop had badly affected the yield, due to which the farmers suffered a lot and they could not even recover the cost. This year also, farmers are showing less interest in cotton cultivation, the effect of which is visible in sowing.Signs of reductionAccording to the Union Ministry of Agriculture and Farmers Welfare, till September 2, 2024, cotton has been cultivated in 111.74 lakh hectares across the country, which is about 11 lakh hectares less than 123.11 lakh hectares last year.Cotton prices in wholesale marketsThe average price of cotton in the wholesale markets of Surat and Rajkot has reached Rs 7525 to Rs 7715 per quintal, while in Amreli it is Rs 7450 per quintal. The maximum price of cotton has been recorded up to Rs 12,222 per quintal in Chitradurga Mandi.Difference between MSP and pricesThe central government has increased the MSP of cotton by Rs 501 for the 2024-25 season. Now the MSP for the medium staple category is Rs 7121 per quintal and for the long staple category it is Rs 7521 per quintal. The difference between the average price of cotton in the market and the MSP has increased to Rs 300-400 per quintal, indicating a further increase in prices in the coming days.The ever-increasing prices of cotton are posing a new challenge for both farmers and the market.Read More :> Cotton Farmers in Telangana Face Uncertain Future Amid Weather Woes

Cotton Farmers in Telangana Face Uncertain Future Amid Weather Woes

Telangana's Cotton Growers Face An Uncertain Future Due To Weather ProblemsThe hopes of cotton farmers in Telangana have been shattered as adverse weather conditions continue to impact their livelihoods. The initial sowing of cotton, which began in late May after pre-monsoon showers, faced severe setbacks due to prolonged dry spells.Cotton farmers in Telangana are grappling with a severe crisis as recent heavy rains and subsequent flooding have caused extensive damage to their crops. Despite expectations of stable prices this year, preliminary estimates indicate that over seven lakh acres of cotton have been affected by the floods.This year, Telangana anticipated a significant increase in cotton cultivation, with many farmers shifting away from paddy due to irrigation shortages and crop failures from the previous season. However, their hopes were dashed as adverse weather conditions took a toll. While sowing began optimistically in late May, the crops were soon impacted by dry spells, and now floods have compounded their difficulties.Despite these setbacks, farmers remained hopeful, driven by price forecasts suggesting stable rates of Rs. 6,600 to Rs. 7,200 per quintal for the upcoming harvest season, which spans from November 2024 to February 2025. Market intelligence reports from institutions such as the Agriculture and Market Intelligence Centre of Prof. Jayashankar Telangana State Agricultural University further boosted their optimism.Last year, cotton prices mostly stayed below Rs. 7,000 per quintal, with only a few varieties fetching profitable rates. This year, however, the cost of cotton production has increased significantly due to labor shortages and the rising costs of inputs like seeds, fertilizers, and pesticides.Cotton was cultivated on nearly 43 lakh acres across Telangana this year. Yet, early reports suggest that cotton crops in over one-sixth of this area were damaged by the August rains that triggered widespread flooding. Although the full extent of the losses has yet to be determined, preliminary estimates paint a grim picture.Government agencies have assessed the initial damages from the recent rains at Rs. 5,438 crore, with cotton losses accounting for a large share of this figure. While the Centre’s price forecast mechanism, supported by the Department of Agricultural Economics, predicts stable prices for most crops compared to last year’s Vanakalam marketing season, persistent rains remain a significant threat to cotton farming. Mahabubabad and Khammam districts have been the worst hit by crop losses, and farmers fear the worst may not be over yet.Cotton farming is critical to Telangana’s agricultural economy, and these adverse weather conditions have undermined farmers’ efforts to boost productivity and lower production costs. Farmers are now demanding compensation of Rs. 35,000 per acre, given their high investments in this year’s crop. Timely support, they argue, is essential for them to recover and shift to alternative crops. They are calling on the State government and agricultural institutions to step in and provide much-needed relief.Read More :>Cotton production expected to fall by 10 to 15 per cent due to heavy rains in Gujarat

Gujarat: Cotton prices rise at Botad marketing yard and farmers' income rises

Gujarat: Botad marketing yard sees an increase in cotton prices, and farmer income risesLong queues of vehicles were seen today at Botad marketing yard to sell farmers' crops. With cotton prices at this yard being the highest compared to other marketing yards in Saurashtra, it has become the first choice of farmers. Farmers are getting the best prices for their produce here, which has increased the popularity of Botad marketing yard.Botad: Saurashtra's largest cotton hubBotad marketing yard is considered to be the largest cotton hub in Saurashtra. Not only Botad, but farmers from remote villages of Amreli, Surendranagar and Ahmedabad districts also come here to sell their cotton crop. Long queues of vehicles are seen since morning, due to which the arrival of cotton has increased here. A huge increase in the arrival of cotton has been seen in the last three days.Cotton arrival and price rise in the last three daysRegular auction of cotton takes place daily at Botad yard. In the last three days, the arrival of cotton was 45 to 70 quintals, and the prices were recorded up to Rs 1600 per quintal. But today, 100 quintals of cotton were recorded, and the prices also rose. The minimum price of cotton per maund reached Rs 1160 and the maximum price reached Rs 1631. A total of more than 30 quintals of cotton yield was auctioned in the last three days.Auction of other crops along with cottonAlong with cotton, various crops like wheat, millet, sorghum, groundnut, sesame, black sesame, cumin, gram, coriander, moong, tuvar and castor are also auctioned in Botad marketing yard. Due to this diversity, this yard remains a major trading center for farmers.Read More :>Cotton Crops Affected by Parawilt Disease in Siddipet

Heavy Rainfall Hits Gujarat Cotton Crop, Production Expected to Fall Up to 15%

Gujarat Cotton Output Likely to Drop 10–15% Due to Heavy Rains, Crop Damage Worries FarmersContinuous heavy rainfall in Gujarat has raised serious concerns among cotton farmers, with estimates suggesting a 10% to 15% decline in cotton production this year. According to the Cotton Association of India (CAI) and agricultural experts, both reduced sowing and widespread crop damage due to excessive rain are responsible for the expected decline.Data from the Gujarat Agriculture Department shows that cotton cultivation has fallen by 12%, dropping to 23.62 lakh hectares from 26.79 lakh hectares last year. CAI estimates indicate that while Gujarat produced around 92 lakh bales in 2023–24, output is expected to decline further this season due to adverse weather conditions.Farmers report that heavy rains during June and July caused the most significant damage. Waterlogging in fields has led to crop deterioration, even though reservoir levels remain high. In several regions, yield losses are estimated between 15% and 25%.Despite lower arrivals, cotton prices in Gujarat have increased by nearly ₹200–₹2,000 in recent weeks. The price of cotton has risen from ₹57,500 to around ₹59,500 per candy (356 kg). However, traders note that overall arrivals remain low, with daily inflow in the state around 1,500–1,700 bales, compared to 5,000–6,000 bales nationwide.CAI officials stated that cotton sowing peaked at around 10 lakh hectares in June, but heavy rainfall after mid-August worsened crop conditions in key growing areas. July–August sowing has been less affected as crops were still at an early stage.Nationally, cotton acreage has also declined, falling to 111 lakh hectares from 123 lakh hectares last year across major producing states such as Punjab, Haryana, Gujarat, and Maharashtra.Experts warn that if heavy rains continue, crop damage and yield losses may increase further, putting additional pressure on both farmers and the cotton supply chain.Source: Bombay Samachar

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