Tag: MSP hike
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Cotton prices slump to 4-year low; Indian govt launches major intervention plan
Government raises MSP by 8%, opens procurement centres Climate, productivity challenges adversely impact industry Cotton prices have plummeted to a four-year low of around INR 26,100/bale (2025 average till date, lowest since 2021) in both domestic and global markets, prompting the Indian government to announce a significant package of measures aimed at stabilising the sector…