Govt reviews cotton availability position from time to time to avoid shortage

YarnsandFibers News Bureau, 2017-07-21 10:00:00 - New Delhi

Related Keywords: avoid shortage, control fluctuation, cotton availability position, cotton prices, cotton season, directed Cotton Corporation of India, domestic mills, ensure availability of cotton, from time to time, Government of India, government reviews, Micro Small Medium Enterprise category, purchased under MSP, sell its stock of cotton, spinning mills

New Delhi
Govt reviews cotton availability position from time to time to avoid shortage

Government of India to control fluctuation in cotton prices and ensure availability of cotton for domestic mills has directed Cotton Corporation of India Ltd. to sell its stock of cotton (cotton season 2015-16), purchased under MSP, to Spinning Mills in the Micro Small Medium Enterprise (MSME) category.

The Minister of State, Textiles, Ajay Tamta in a written reply to a Lok Sabha question said that government reviews the cotton availability position from time to time.

He said that there is no shortage of cotton/yarn in the country. Adequate availability of cotton is ensured through domestic production and textile mills are able to source their requirement of cotton from the domestic market.

The Government has launched a Rs. 6000 crore Scheme for Production and Employment Linked Support for Garmenting Units (SPELSGU) under ATUFS to incentivize production and employment generation in the garmenting Sector.

Further, Government to enable the textile industry, including the small industries, to upgrade and make them competitive has been also implementing various policy initiatives and schemes like Technology Upgradation Fund Scheme (TUFS), Schemes for the development of the Power-loom Sector, Schemes for Technical Textiles, Scheme for Integrated Textile Parks (SITP) and Scheme for Integrated Textile Processing Development (IPDS).

0

Related Keywords: avoid shortage, control fluctuation, cotton availability position, cotton prices, cotton season, directed Cotton Corporation of India, domestic mills, ensure availability of cotton, from time to time, Government of India, government reviews, Micro Small Medium Enterprise category, purchased under MSP, sell its stock of cotton, spinning mills

New Delhi
Govt reviews cotton availability position from time to time to avoid shortage

Government of India to control fluctuation in cotton prices and ensure availability of cotton for domestic mills has directed Cotton Corporation of India Ltd. to sell its stock of cotton (cotton season 2015-16), purchased under MSP, to Spinning Mills in the Micro Small Medium Enterprise (MSME) category.

The Minister of State, Textiles, Ajay Tamta in a written reply to a Lok Sabha question said that government reviews the cotton availability position from time to time.

He said that there is no shortage of cotton/yarn in the country. Adequate availability of cotton is ensured through domestic production and textile mills are able to source their requirement of cotton from the domestic market.

The Government has launched a Rs. 6000 crore Scheme for Production and Employment Linked Support for Garmenting Units (SPELSGU) under ATUFS to incentivize production and employment generation in the garmenting Sector.

Further, Government to enable the textile industry, including the small industries, to upgrade and make them competitive has been also implementing various policy initiatives and schemes like Technology Upgradation Fund Scheme (TUFS), Schemes for the development of the Power-loom Sector, Schemes for Technical Textiles, Scheme for Integrated Textile Parks (SITP) and Scheme for Integrated Textile Processing Development (IPDS).

0

Name Company
Mobile Country
Email Report
Verification
 


Related Keywords
avoid shortage control fluctuation cotton availability position cotton prices cotton season directed Cotton Corporation of India domestic mills ensure availability of cotton from time to time Government of India government reviews Micro Small Medium Enterprise category purchased under MSP sell its stock of cotton spinning mills

 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
Prices
 
Market Intelligence
  • Polyester Intelligence
    YnFx's Polyester Intelligence Service consolidates all the information at a click. This service provides the following:
    • Daily Price Trends
    • News & Views
    • Weekly Prices on Polyester Chain
    • Price Forecast Covering 3 Regions
    • Spun Yarn Exports from India
    • Polyester Chain - Demand/Supply Statistics
 
Special Reports
 
Country Reports
  •  
    feedback button