Government Schemes and Policy · 5 August 2026
Cotton Productivity Mission with ₹5,659 Crore Outlay Highlighted; Four MoUs Signed at CCI Foundation Day
Exam-focused facts from the 5 August 2026 current affairs briefing.
Key facts
- Union Textiles Minister Giriraj Singh highlighted the Cotton Productivity Mission, with an outlay of ₹5,659 crore, at the 56th Foundation Day celebrations of the Cotton Corporation of India (CCI).
- The Cotton Productivity Mission is expected to improve cotton productivity and fibre quality and enhance India's competitiveness in global textile supply chains.
- The Minimum Support Price (MSP) for the 2026-27 cotton season has been raised by around 7%.
- CCI procured more than 522 lakh quintals of seed cotton in the 2025-26 cotton season through nearly 24 lakh farmer transactions and transferred ₹41,530 crore directly into Aadhaar-linked bank accounts under the MSP programme.
- Four memoranda of understanding (MoUs) were signed involving CCI, ICAR-CIRCOT, GIZ, industry bodies and private-sector participants to strengthen quality standards, sustainability, traceability and market access.
- The partnership focus areas include improving ginning quality, promoting climate-smart cultivation and expanding certified cotton production under the Kasturi Cotton Bharat programme.