CAI to set up farmers' training institute in Mumbai

Image
IANS Mumbai
Last Updated : Apr 12 2018 | 6:15 PM IST

The Cotton Association of India (CAI) plans to set up a full-fledged training institute for farmers in Mumbai, at a time when the country's cotton sector is experiencing a difficult phase, an official said here on Thursday.

CAI President A.S. Ganatra said that its board has cleared the proposal to establish an All India Training Centre for Farmers at its Cotton Green premises in south Mumbai.

"We are conscious of the challenges ahead in realising this dream. But, with the support of all the stakeholders, we can achieve it. It would go a long way in realising Prime Minister Narendra Modi's dream of doubling farmers' incomes by 2022," Ganatra said at the inaugural session of "Cotton India 2018" national conference earlier.

At present, cotton is grown in 10 states in the country over 122 lakh hectares, under varying agro-climatic conditions, with relatively small land holdings. Nearly 60 per cent of the total area under cotton is rain-fed making is susceptible to the vagaries of nature.

"Despite all odds, the sector has notched an envious growth and carved a niche for itself in the world cotton market. Today, India is the world leader with a crop of 360 lakh bales of 170 kg cotton each, from nearly one-third of the global acreage," Ganatra said.

Besides, India is the second-largest consumer of cotton, ranking next only to China, with the annual domestic consumption likely to touch 330 lakh bales during the current year.

This is further bolstered by several new textile mills coming up in Gujarat and other states adding around 3.50 million new spindles this year, he added.

India is not only the second-largest exporter of cotton in the world after the USA but also has a vibrant import market.

He said that there exists a huge untapped potential in this sector and if exploited to its optimum, Indian can become a "cotton superpower" in the world.

"We have taken giant strides in terms of productivity, but its still below the global average. Against the world average productivity mark of 779 kg per hectare, India still manages around 500 kgs per hectare," Ganatra pointed out.

If the country can achieve the world per hectare average productivity mark, the Indian cotton output would witness a quantum jump, he opined.

Referring to other issues bogging down the sector, he said excess moisture due to pouring water on the cotton bales, poor quality of package of the bales, lack of uniformity in bale weight and different trading norms across the country, absence of contract sanctity and lack of training facilities need urgent attention.

--IANS

qn/nir/vm

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 12 2018 | 6:12 PM IST

Next Story