Home / Knowledge / News / Textiles / Cotton consumption to increase this season: Irani
Cotton consumption to increase this season: Irani
09
Dec '16
The consumption of cotton in India is likely to increase in the ongoing year owing to new mills, said Union textiles minister Smriti Irani. The production and consumption of cotton as predicted by the cotton advisory board (CAB) for this season (1st October, 2016 to 30th September, 2017) are 351 lakh bales and 313 lakh bales (of 170 kgs each), respectively.

An increase in the installed capacity in spinning sector is another reason why the surplus of production over consumption is expected to decline in the coming years, said Irani in a written reply to Lok Sabha.

Multiple steps are being taken by the government to increase production. Department of agriculture, cooperation and farmers welfare has implemented cotton development programme with a focus on cropping system approach under national food security mission (NFSM) in 15 major cotton growing states since 2014-15 with an aim to increase production and productivity.

Under the scheme, thrust is given for transfer of latest technology to cotton growers through front line demonstration (FLD) on integrated crop management (ICM), intercropping, desi and extra long staple cotton and high density planting system. The scheme is being implemented through state department of agriculture (SDA), Indian council of agricultural research (ICAR), state agriculture universities (SAUs) and krishi vigyan kendras  (KVKs) among others.

With a view to promote cotton farming, during cotton season 2016-17, cooperation and farmer welfare has fixed minimum support price for medium staple length cotton at Rs 3860 per quintal and for long staple at Rs 4160 per quintal. Cotton Corporation of India (CCI) has been entrusted with procurement of cotton from farmers at minimum support price (MSP) to protect the interest of farmers by giving MSP to their produce to avoid distress sale.

In another reply to Lok Sabha, Irani said that during cotton season 2015-16, Cotton Corporation of India (CCI) purchased seed cotton equivalent to 8.44 lakh bales at minimum support price (MSP). CCI procured 5,95,159 bales, 1,16,799 bales and 51,501 bales of cotton from Telangana, Maharashtra and Gujarat, respectively.

During cotton season 2015-16, cotton prices in the country abnormally increased in the month of May/July 2016 due to damage by white fly pests in northern region and pink boll worm attack in Gujarat region and panic buying by the mills to cover their lean season requirement.

In order to safeguard the interest of the textile industry including micro, small and medium enterprises (MSMEs), the ministry of textiles decided in July, 2016 to sell the balance unsold stock available with CCI to MSMEs through e-sale so as to provide them some relief from cotton price volatility in the market and stabilise the market prices. Accordingly, all cotton stocks of CCI were sold. (KD)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Fashion Revolution/Fashion Transparency Index

Apparel/Garments | On 23rd Apr 2018

Transparency helps in swiftly alerting brands

Disclosing key supplier, supply chain and operational information...

Japan’s clothing imports up 4% in fiscal 2017

Apparel/Garments | On 23rd Apr 2018

Japan’s clothing imports up 4% in fiscal 2017

Japan’s imports of clothing and accessories increased by 4 per cent...

Courtesy: Fashion Revolution/Fashion Transparency Index

Fashion | On 23rd Apr 2018

Top global fashion brands now more transparent

Fashion Revolution’s Fashion Transparency Index 2018 reveals Adidas...

Interviews View All

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search