CCI 56th Foundation Day: Kapas Kanti Mission and Farmer Support
UPSC / SSC current affairs note
Why in news
The Cotton Corporation of India (CCI) celebrated its 56th Foundation Day, with Union Minister Giriraj Singh reaffirming the government's commitment to cotton farmers. The event saw the launch of the Kapas Kanti mission and the signing of key MoUs, highlighting ongoing efforts to boost the cotton sector.
Background
The Cotton Corporation of India is a public sector undertaking under the Ministry of Textiles, established in 1970. It plays a key role in Minimum Support Price (MSP) operations for cotton and supports farmers through various initiatives.
Key facts
CCI celebrated its 56th Foundation Day.
Union Minister Giriraj Singh praised CCI for record MSP procurement.
The Kapas Kanti mission was launched with a budget of ₹5,659 crore.
The Kasturi Cotton Bharat initiative aims to boost quality and productivity.
Key MoUs were signed during the event.
The government reaffirmed its commitment to cotton farmers.
Prelims pointers
- Cotton Corporation of India (CCI): under Ministry of Textiles, established 1970.
- Kapas Kanti mission: ₹5,659 crore initiative.
- Kasturi Cotton Bharat: initiative for quality and productivity.
- MSP: Minimum Support Price for cotton.
- Giriraj Singh: Union Minister (Textiles).
Mains angles
- Discuss the role of CCI in ensuring fair prices for cotton farmers through MSP operations.
- Critically examine the effectiveness of government initiatives like Kapas Kanti and Kasturi Cotton Bharat in improving cotton productivity and quality.