by Manali bhanushali | Jun 18, 2021 | Industry And Cluster, News & Insights
Cotton acreage in Haryana fell short of target by more than 90,000 hectares this year due to the second wave of the Covid epidemic and farmers turning to other crops such as groundnuts. As of Monday, the crop has been planted on 6.72 lakh hectares, compared to the...
by Manali bhanushali | Mar 4, 2021 | Industry And Cluster, News & Insights
Haryana’s proposed move to reserve 75% of jobs for locals with salaries of up to Rs. 50,000 a month could lead to an exodus of technology and back office companies from the state, according to top industry executive who said the regulation is also inconsistent with...
by Manali bhanushali | Mar 3, 2021 | Industry And Cluster, News & Insights
The much-touted Haryana State Employment of Local Candidates Bill, 2020, providing 75% reservation in private sector industries for the domiciles of the state, finally became a law after it was notified on Tuesday. As per the notification, issued by the law and...
by Millionaires | Jul 28, 2020 | Industry And Cluster, News & Insights
The Cotton Corporation of India (CCI) has procured around 1.04 crore bales, top officials of the corporation said. PK Aggarwal, CMD of CCI, said this is a global record of procurement by any single entity till date. The total procurement by CCI is valued at Rs...
by Millionaires | Jul 25, 2020 | Industry And Cluster, News & Insights
Haryana chief minister Manohar Lal Khattar on Friday clarified that his government cannot continue subsidy on cotton crop premium under the Pradhan Mantri Fasal Bima Yojana (PMFBY). While interacting with reporters here, Khattar said the state government...
by Millionaires | Jul 23, 2020 | Industry And Cluster, News & Insights
Cotton growers in Haryana, who have enrolled for Pradhan Mantri Fasal Bima Yojana’ (PMFBY), a crop insurance scheme and crop diversification scheme Mera Pani-Meri Virasat, will not have to worry about any increase in the premium rates. The state government will...
by Millionaires | Jul 21, 2020 | Industry And Cluster, News & Insights
Under PMFBY guidelines, a farmer is required to pay 2% of the sum insured in case of kharif crop and 1.5% in case of rabi crop (5% for horticulture crop) as the premium and the balance is shared 50:50 by the state and the Centre. Haryana cotton growers...
by Millionaires | Jul 20, 2020 | Industry And Cluster, News & Insights
We expect a bearish trend in MCX Cotton Futures for the month ahead and technically prices can come down to Rs 15,000 levels with a resistance above Rs 16,800 levels. Cotton commonly known as ‘Kapas’ in hindi is a Kharif Crop sown/grown in the...
by Millionaires | Jul 16, 2020 | Industry And Cluster, News & Insights
BATHINDA: With the marketing season nearing its end, arrivals of raw cotton have gone up by about 8.46% till June 30 from September 1, 2019 as compared to the corresponding period last season in the three northwestern states of Punjab, Haryana and Rajasthan. As...
by Millionaires | Jul 9, 2020 | Industry And Cluster, News & Insights
Last season, farmers had completed sowing operations on 46 lakh hectares around the same period. Cotton sowing is expected to cross 115-120 lakh hectares for the 2020-21 season, according to industry bodies. Cotton sowing has picked up pace across the...
by Millionaires | Jul 2, 2020 | Industry And Cluster, News & Insights
The Punjab Agricultural University (PAU) claims to have developed a new variety of genetically modified Bt cotton seed which it says is pest-resistant besides having a better shelf life as it can be used in the subsequent sowing seasons. University...