Emphasis on using quality seeds

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A report of the Parliamentary Committee on Textiles said that to increase the production of wool in the country, there is a need for good quality cotton seeds and plants that can adapt to the soil and weather conditions and increase the sowing of wool.

In 2022-23, Rs was planted on 13061 lakh hectares in the country which was the highest in the world but the production per hectare was 447 kg. Gr. As it was. Production per hectare in America is 1065 kg. Gr. According to the data of the Ministry of Textiles.

In addition to Bt+ and other seeds of Awaj type, the country also needs other species of cotton seeds/plants which are suitable to the soil and weather conditions, the committee said in the report.

India's per hectare production of rupee is very low as compared to other major producing countries of rupee. The reason behind the low production is that the Bt seed technology in the country is outdated and there is an urgent need for a new breed of seeds, the report added.

A comprehensive study on how to increase cotton productivity in the country has also been suggested.

It is to be mentioned here that the export demand is increasing but the current season is likely to see a decline in domestic production. In the current season of 2023-24, the country's production of Rs is estimated to decline by 7.50 per cent year-on-year to 2.94 crore bales, which will be the lowest since 2007-08, CAI data said earlier.

Meanwhile, in the financial year 2023-24, banks have disbursed loans worth Rs 20.39 lakh crore in April-January, while in 2013-14, loans of Rs 7.3 lakh crore were given to farmers. Sources in the Ministry of Agriculture informed that this year the above loans were given in 12.68 crore accounts.

In the budget of the financial year 2023-24, the government has allocated Rs. 20 lakh crore loan target which means that banks have already crossed the target and this figure is likely to cross Rs. 22 lakh crore may cross. In the financial year 2022-23, banks have allocated Rs. 21.55 lakh crore loans were disbursed, which is Rs. 18.50 lakh crore was more than the target.

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