Tag: agri commodity news India
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India: Govt approves MSP support for cotton, CCI procurement to anchor prices
Strong MSP backing to prevent distress selling and stabilise kapas prices Higher CCI presence likely to support arrivals but cap sharp price downside The government of India has approved MSP funding of INR 1,718.56 crore to the Cotton Corporation of India (CCI) for the 2023-24 season, reinforcing its role as the key price stabiliser in…