Gujarat traders demand cut in cotton MSP
Financial Express Bengaluru|December 27, 2024
Amid declining cotton exports and rising imports, cotton traders and associations in Gujarat are urging the government to reduce the minimum support price (MSP) for cotton.
KRISHNA BAROT

"If the MSP remains unchanged, it may lead to another nationwide dry spell for the cotton sector and the textile value chain," said Ajay Shah, secretary, Gujcot Trade Association. "Implement a free market mechanism for cotton while giving farmers more subsidies," he said.

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