Gujarat cotton farmers to get Rs 100 per 20 kg bonus
Vadodara, Oct 23 (PTI) The Gujarat government hasdeclared a bonus of Rs 100 per 20 kg for cotton to be paid tofarmers over and above the minimum support price (MSP).
The bonus of Rs 100 per 20 kg for cotton will helpcotton farmers get remunerative prices for their produce, anofficial release quoted Chief Minister Vijay Rupani as sayinghere last night.
Rupani was here to attend several programmes.
The bonus will be paid over and above the MSP declaredby the government and will be given to farmers who sell theirproduce to the Cotton Corporation of India, the release said.
Gujarat produces three varieties of cotton whose MSPsrange from Rs 804 to Rs 864 per 20 kg. The bonus amount willbe the same for all the varieties, it said.
The move will put a financial burden of Rs 1,250 croreon the state exchequer, the release added. PTI CORRSY.
This is unedited, unformatted feed from the Press Trust of India wire.