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Cotton production to receive an impetus by 15%: expects Indian gov

The textile industries of India are warring at a beleaguring state. The government has already been revolving on decisions on the closure of 50% spinning mills due to the rate of production of cotton has drooped down. At that time,The cotton value chain expects the production and cultivation to soar if the climate and weather condition prove to be favourable on the month of September-October.

The Central agency (Cotton Corporation of India) which supervises the procurement of cotton cultivation over the borders of the Nation has escalated the production over a rough time to 15% accounting to 360 bales of 170 kg.

When the prices has graded down below the MSP(Minimum support price), Arjun Dave the deputy general manager of CCI commented that”The area under cotton has increased to 128 lakh hectares against 120.55 in the previous year. As yields are also expected to increase due to excellent weather conditions, production of cotton is expected to increase to 360 lakh bales”.

Also the President of cotton Association of India Atul Ganatra, expressed his concern about the rate of production and the efficiency of the system. He also added that there has been a huge pressure posed upon them by the Centre. All they are now being relied on the weather conditions hoping it to be conducive to their buisness.

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