logo
Centre refutes Congresss allegations on organic cotton in MP

Centre refutes Congresss allegations on organic cotton in MP

News1827-07-2025
Agency:
New Delhi, July 27 (PTI) The Centre on Sunday refuted the Congress's allegations regarding irregularities in organic cotton certification, calling the remarks unfounded and misleading.
The commerce ministry said the aspersions cast against the National Programme for Organic Production (NPOP) were baseless and unwarranted.
'Generalised allegations against a robust regulatory system of the country for a particular crop/region/group of operators only serve to undermine the credibility of legitimate regulatory institutions and the broader organic movement in India," the ministry said in a statement.
The Congress on Saturday demanded a court-monitored CBI probe into an alleged scam in the sale of normal cotton as organic cotton in Madhya Pradesh.
Former Madhya Pradesh chief minister and senior Congress leader Digvijaya Singh alleged that India's image is being hurt globally as the country has lost credibility in the certification of organic products.
'It may be mentioned that in a press briefing by an opposition leader yesterday (Saturday), unfounded, unsubstantiated and misleading aspersions are being cast against the Organic Certification programme, the NPOP," it said.
The ministry's arm Agriculture and Processed Food Products Export Development Authority (APEDA), it said, is committed to ensuring that the organic certification system under the NPOP is credible, transparent, and clear.
'Wherever credible evidence of non compliances/wilful violation of organic standards have been brought to light, APEDA had undertaken extensive investigation and taken concrete measures. All such matters are subjected to structured investigation following principles of natural justice. Any certification body or operator found violating norms is penalised as per NPOP regulation," the ministry said.
The NPOP was launched in 2001 by the ministry to promote exports of organic products and APEDA acts as its secretariat for the implementation.
The system of grower group certification was launched in 2005, as it was felt necessary to cater to small and marginal farmers.
Third party certification is a mandatory requirement for export of organic products. The NPOP standards for crop production have been recognised by the European Commission and Switzerland as equivalent to their country's standards and are also accepted by Great Britain. There is an MRA for organic products with Taiwan.
At present, there are 37 active certification bodies operating in India, which include 14 state certification bodies.
'Herein, it is clarified that APEDA or the Department of Commerce does not extend any subsidy to farmers taking up organic cultivation under the NPOP. The figure of Rs 50,000 per hectare and the further wrongly imputed calculations have no basis," it said. PTI RR TRB
view comments
First Published:
July 27, 2025, 17:15 IST
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Vedanta continues winning street confidence: Brokerages forecast strong earnings ahead
Vedanta continues winning street confidence: Brokerages forecast strong earnings ahead

Hans India

time11 minutes ago

  • Hans India

Vedanta continues winning street confidence: Brokerages forecast strong earnings ahead

New Delhi: Major global and Indian brokerages remain optimistic on Vedanta Ltd's performance for FY26, citing stronger LME pricing trends, cost discipline, deleveraging, and a resilient aluminium business among the key growth drivers. These firms have also taken note of the several growth projects scheduled for commissioning or completion in the next few quarters. JP Morgan noted that Vedanta's first quarter consolidated EBITDA was largely in line with estimates, with key segments such as aluminium, oil and gas, and power faring better than its expectations, leading to an overall segmental EBITDA beat. On the earnings trajectory for the current and next fiscal, the firm expects various ongoing initiatives at Vedanta to aid growth. "Vedanta's capacity expansion journey in the aluminium business as well as vertical integration should bring cost advantages. LME prices have also bottomed out and should continue to move higher into FY26-27, likely aiding earnings growth." Echoing similar views on LME prices and its potential benefit, Citi Research cited that Vedanta's parent (Vedanta Resources) leverage is at comfortable levels. It listed potential upside in medium-term aluminium LME prices, lower cost, and the demerger as another positive for Vedanta, while adding that aluminium globally has a limited supply growth. Mumbai-based Nuvama Institutional Equities expects Vedanta to deliver quarter-on-quarter EBITDA growth in Q2. "Q2FY26 EBITDA is likely to increase 10 per cent-plus quarter-on-quarter on the back of higher prices and lower aluminium cost of production. Major aluminium projects are likely to be commissioned in Q2FY26. We reckon net debt/EBITDA ex-Hindustan Zinc shall fall to 1.7x by FY26-end, compared to 2.7x in FY25. Demerger of the business is likely to be concluded in Q4FY26," the firm said in its report. The brokerage expects Vedanta's all major projects except coal blocks to be likely commissioned in the current fiscal, providing volume growth and cost reduction visibility for the company. UK-based Investec stated in its post-earnings report that Vedanta is a key beneficiary of depreciation in the Indian Rupee. Other near-term positives listed by the firm include declining alumina prices and the company offering attractive yields. The firm has retained its buy recommendation on Vedanta. Research firms like Kotak Institutional Equities and IIFL have cited factors like cost efficiencies and deleveraging at both Vedanta Ltd and its parent Vedanta Resources as beneficial factors. Vedanta's adjusted profit after tax jumped 13 per cent year-on-year to Rs 5,000 crore. The company clocked its highest-ever first-quarter EBITDA of Rs 10,746 crore, which was up 5 per cent year-on-year.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store