Need advanced tech, innovative agronomy to enhance cotton production: Goyal

Union minister Piyush Goyal emphasised the need to introduce "advanced technologies and innovative agronomy" to enhance the productivity of cotton. Addressing an interactive meeting with the Textile Advisory Group in Mumbai on Thursday, the textile minister said supply of good quality seeds is the vital necessity for improving productivity of cotton. He also called for focus on ways to enhance productivity of cotton with specific outcome-oriented actions from all stakeholders including the government, research institutes and the industry. For delivery-based contract and open position limits on commodity exchange MCX, Goyal directed his ministry, textile commissioner, CCI and TAG to engage with MCX/SEBI and find structured solutions on contract front. Any possibilities of manipulations on price front to the disadvantage of cotton textile value chain have to be contained, the minister said. Goyal, on the suggestions of the industry, directed the textile commissioner that the penal .

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