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The Economic Times

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Cabinet nod to Rs 1,718 cr MSP funding to Cotton Corp

The government has approved Rs 1,718.56 crore for Minimum Support Price funding to the Cotton Corporation of India for the 2023-24 cotton season. This initiative provides direct price support to cotton farmers nationwide. The Cotton Corporation of India procures cotton when market prices fall below MSP levels. This ensures farmers receive fair returns and prevents distress sales.

18 Mar 2026 5:08 pm