Intending to boost the sagging morale of the cotton sector, Union Finance Minister Nirmala Sitharaman announced a five-year National Mission for Cotton Productivity’.
Presenting the Union Budget for the financial year 2025-26 in the Lok Sabha on Saturday, she said the mission will facilitate significant improvements in the productivity and sustainability of cotton farming, and promote extra-long staple (ELS) cotton varieties.
The cotton sector in the country is beset with several challenges including dwindling area and productivity. The crop, once used to a dependable option for lakhs of farmers, is faced with the challenges of increased cost of production and unpredictable returns.
- Also read: Budget 2025 Live Updates: No income tax payable up to income of ₹12 lakh; income tax slabs changed
Major commercial crop
Cotton, a major commercial crop in India, comprises approximately 23 per cent of global cotton production. It supports the livelihoods of about 60 lakh cotton farmers and 4-5 crore people involved in associated activities like processing and trade.
The sector, however, faces challenges like acute labour shortage and seeds that are susceptible to pests and diseases. A section of farmers want enhanced Genetically-modified cotton technologies to improve yields.
The area fell to 130 lakh hectares in 2022-23 from 134.77 lah hectares four years ago. Productivity saw a huge decline over the last few years.
“The best of science & technology support will be provided to farmers. Aligned with our integrated vision for the textile sector, this will help in increasing incomes of the farmers, and ensure a steady supply of quality cotton for rejuvenating India’s traditional textile sector,” she said.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.