{"id":30953,"date":"2021-03-19T14:56:07","date_gmt":"2021-03-19T09:26:07","guid":{"rendered":"https:\/\/newsmakhani.com\/?p=30953"},"modified":"2021-03-20T15:00:14","modified_gmt":"2021-03-20T09:30:14","slug":"impact-of-corona-virus-on-the-cotton-industry","status":"publish","type":"post","link":"https:\/\/newsnarad.com\/hi\/impact-of-corona-virus-on-the-cotton-industry\/","title":{"rendered":"Impact of Corona virus on the Cotton Industry"},"content":{"rendered":"<p class=\"qtranxs-available-languages-message qtranxs-available-languages-message-hi\">\u0915\u094d\u0937\u092e\u093e \u0915\u0930\u0947\u0902, \u092f\u0939 \u0938\u092e\u093e\u091a\u093e\u0930 \u0906\u092a\u0915\u0947 \u0905\u0928\u0941\u0930\u094b\u0927 \u0915\u0940 \u092d\u093e\u0937\u093e \u092e\u0947\u0902 \u0909\u092a\u0932\u092c\u094d\u0927 \u0928\u0939\u0940\u0902 \u0939\u0948\u0964 <a href=\"https:\/\/newsmakhani.com\/en\/\">\u0915\u0943\u092a\u092f\u093e \u092f\u0939\u093e\u0901 \u0926\u0947\u0916\u0947\u0902\u0964<\/a><\/p><p><\/p>\n<h4 style=\"font-weight: 600 !important;\">Impact of Corona virus on the Cotton Industry<\/h4>\n<p style=\"font-weight: 400;\">March 19th<\/p>\n<p style=\"font-weight: 400;\">Ministry of Textiles has undertaken special steps in COVID crisis to support liquidity flow to the textile industry including cotton textile sector by introducing an option to release part subsidy against Bank Guarantee (BG) in facilitating the subsidy release process. Total 400 units are supported with Rs 100.36 crore under Amended Technology Upgradation Fund Scheme (ATUFS) and 20 units with Rs.42.52 crore under RR-TUFS. The estimated month wise production of cotton yarn for the year 2020 is given in Annexure<b><strong>. <\/strong><\/b>The average domestic price of cotton is cheaper by around 14% during the current cotton season as compared to the International cotton price. India is one of the largest exporters of cotton in the World. China, Vietnam, Bangladesh are not cotton exporting countries, but cotton importing countries.In order to work out annual sourcing plan under \u201cFabric forward Policy initiatives, India, Bangladesh Textile Industry Forum ( IBTIF) has been institutionalised.<\/p>\n<p style=\"font-weight: 400;\"><b><strong><u>Annexure<\/u><\/strong><\/b><\/p>\n<p style=\"font-weight: 400;\"><b><strong>Month wise estimated p<\/strong><\/b><b><strong>roduction of Cotton\u00a0<\/strong><\/b><b><strong>Yarn<\/strong><\/b><\/p>\n<p style=\"font-weight: 400;\"><b><strong>(April 2020 to January 2021)\u00a0<\/strong><\/b><\/p>\n<p style=\"font-weight: 400;\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 (Figures in million)<\/p>\n<table style=\"font-weight: 400;\">\n<tbody>\n<tr>\n<td><b><strong>Month<\/strong><\/b><\/td>\n<td><b><strong>Production (in Million Kg)<\/strong><\/b><\/td>\n<\/tr>\n<tr>\n<td>April 2020<\/td>\n<td>229.60<\/td>\n<\/tr>\n<tr>\n<td>May 2020<\/td>\n<td>251.41<\/td>\n<\/tr>\n<tr>\n<td>June 2020<\/td>\n<td>280.57<\/td>\n<\/tr>\n<tr>\n<td>July\u00a0 2020<\/td>\n<td>285.08<\/td>\n<\/tr>\n<tr>\n<td>August 2020<\/td>\n<td>290.94<\/td>\n<\/tr>\n<tr>\n<td>September 2020<\/td>\n<td>313.73<\/td>\n<\/tr>\n<tr>\n<td>October 2020<\/td>\n<td>337.63<\/td>\n<\/tr>\n<tr>\n<td>November 2020<\/td>\n<td>316.79<\/td>\n<\/tr>\n<tr>\n<td>December 2020<\/td>\n<td>321.09<\/td>\n<\/tr>\n<tr>\n<td>January 2021<\/td>\n<td>318.42<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>\u0915\u094d\u0937\u092e\u093e \u0915\u0930\u0947\u0902, \u092f\u0939 \u0938\u092e\u093e\u091a\u093e\u0930 \u0906\u092a\u0915\u0947 \u0905\u0928\u0941\u0930\u094b\u0927 \u0915\u0940 \u092d\u093e\u0937\u093e \u092e\u0947\u0902 \u0909\u092a\u0932\u092c\u094d\u0927 \u0928\u0939\u0940\u0902 \u0939\u0948\u0964 \u0915\u0943\u092a\u092f\u093e \u092f\u0939\u093e\u0901 \u0926\u0947\u0916\u0947\u0902\u0964 Impact of Corona virus on the Cotton Industry March 19th Ministry of Textiles has undertaken special steps in COVID crisis to support liquidity flow to the textile industry including cotton textile sector by introducing an option to release part subsidy [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":30955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,1528,122],"tags":[16547],"class_list":["post-30953","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-covid-19","category-news","tag-impact-of-corona-virus-on-the-cotton-industry"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.0.1 - 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