Textile Ministry projected 357 lakh bales for the year 2019-20

摘要

In its official estimates for cotton crop and sowing, the Textile Ministry's Committee on Cotton Production and Consumption has projected India's cotton production of 357 lakh bales (each of 170 kg) for the year 2019-20, with a rise of about 2 per cent in the yield at 453.82 kg per hectare as against 444.74 kg last year. The newly constituted Committee, formed after the abolition of the Cotton Advisory Body (CAB) vide resolution no. 1/23/2014-cotton dated August 3, 2020, officially projected India's closing stock for 2019-20 at 105.44 lakh bales following sharp dip in mills' and small scaled industries' consumption.