Current Affair 1:

News:

As per the PIB, cotton consumption has increased and this year second highest consumption out of last ten years has been marked.

 

The Cotton Corporation of India (CCI):

CCI was established on 31st July 1970 under the administrative control of Ministry of Textiles, Government of India as a Public Sector Undertaking under the Companies Act 1956.

Function of CCI:

The role and function of CCI continued to enlarge with the changing cotton scenario in the country. Now, the major role of the CCI is to undertake price support operations, whenever the market prices of kapas fall below the minimum support prices (MSP) announced by Govt. of India, without any quantitative limit.

Besides MSP operations, CCI undertakes commercial purchase operations to fulfill the raw material requirement of the domestic textile industry particularly for a lean season.

Cotton is a plant that needs a long frost-free period, heat, and sunshine. It prefers warm and humid climates. Cotton seeds will have a small germination rate if the soil temperature is below 60°F (15°C). During active growth, the ideal air temperature is 70 to 100°F (21-37°C).

 

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