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Assocham submits 10-point growth agenda for textile sector

04 Jul '14
3 min read

With a view to enhance cotton yield in India to 1,000 kilograms (kgs) per hectare from current level of 450 kgs per hectare, which is almost about 50 per cent less than global average of 800 kgs per hectare, ASSOCHAM has suggested the government to provide improved irrigation facilities and develop seeds suitable for high-density planting to increase cotton productivity to boost farmers’ income and cater to growing requirements of textile industry.

Besides, ASSOCHAM has also suggested that government should restrict its intervention to MSP related operations in the cotton sector as restrictions on export-import of cotton would only disrupt markets.
 
Abolishing hank yarn obligation, doing away with sops for decentralized sectors  to bring fabric production back to organized sector, establishing processing parks in coastal belt and liberalizing labour laws to utilize the ample scope for providing employment to rural women are certain other key suggestions listed by ASSOCHAM in its growth agenda for the textile industry.
 

ASSOCHAM

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