Textile Ministry Industry Meet Today: Cotton Growers All eyes On It

Textile Ministry Industry Meet Today: Cotton Growers All eyes On It

17 January 2022, Mumbai:

A likely meeting on Monday between the textile ministry and industry stakeholders over rising cotton rates has left the farmers in Vidarbha anxious.

With smartphones being used even in the hinterland, media reports of Monday's meeting have been quickly shared in villages. As cotton growers of the region now waiting for more rs on the meet, this has also left them miffed.

The textile industry has been demanding measures to reduce cotton rates, which have touched Rs10,000 a quintal and cut in import duty on the commodity.

Cotton growers seek 50% more than MSP - The Hindu BusinessLine

"A number of farmers have received the news about the meeting on mobile. As we are following the news for the final outcome, this has left the farmers disappointed and many want to register their protest," said Nitin Khadse from Jalka village in Yavatmal-infamous for the agrarian crisis.

"For years, cotton prices have been fetching minimum support price (MSP) or slightly below it. Now, if the rates are high for a single year, the industry is seeking government intervention, he said.

TOI (The news article has not been edited by DFU Publications staff)

 

Stay Updated. 

 

Subscribe to our newsletter.

 

Follow us on Linkedin & Youtube

 

Author’s Posts

  • Tamil Nadu Textile Sector Begins Strong Recovery

    Tamil Nadu Textile Industry Shows Signs of Recovery
    After ...

    May 22, 2025

  • Shahid Kapoor Joins Taapsee Pannu for Vogue Eyewear India

    BRAND ANNOUNCEMENT | VOGUE EYEWEAR WELCOMES SHAHID KAPOOR, WHO JOINS TAAPSEE PANNU AS ITS BRAND AMBAS...

    May 22, 2025

  • 3rd Morocco International Yarn & Fabric Sourcing Show 2025

    3rd Morocco International Yarn & Fabric Sourcing Show 2025

    May 13, 2025

  • India’s Apparel Exports: Big Potential, Low Share

    Despite having the world’s second-largest vertically integrated textile industry, India’s share...

    May 05, 2025

  • CITI: India must engage U.S. on tariffs

    "Bridging the Information Gap in the Textile and Fashion Industry."

    DFU
    Inside Fashion Vol. 23 No. 2
    Azad
    EasiTex