Issue dated - 16th October. 2003

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New cotton purchase rate to be announced

PTI - Mumbai

Assuring that the last installment of the amount to be paid to the farmers for previously purchased cotton will be done before Diwali, the Maharashtra chief minister Mr Sushilkumar Shinde said the government will declare the new purchase rate for the cotton in the coming season within a week. “The government will come out with a resolution to pay the last installment of the cotton purchased by Diwali”, he said at a meeting convened to discuss the issue here adding, the government will also declare the purchase rate of cotton for the forthcoming season within a week.

The meeting was attended by leader of opposition in the state legislative council Mr Nitin Gadkari, BJP leader in the state assembly Mr Eknath Khadse and others.

 


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Gearing up for future contingencies
It is high time that the domestic industry formulate a comprehensive strategy to face the future trade challenges. Producers require to prepare themselves for trade-related contingencies which if not attended properly, may eat into their market share.


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