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.