Abstract:
In the diverse economic and manufacturing activities of India, cotton growing, processing, and trading occupy a predominant position and act as one of the strong competitive bases for textile and clothing production. India is one of the largest producers and exporters of cotton and an influencing player in the global cotton economy. It is estimated that more than 60 million people in India have been directly engaged in cotton and cotton-based manufacturing processes, and it is one of the largest employment sectors of rural India.
The proposition of 'white gold' for cotton had rightly highlighted its significance in the Indian economy since a long time. The dependence of millions of rural workforce on cotton and the cotton economy made this segment the backbone of rural economy, expansion of manufacturing activities, and employment. Any adverse developments in the cotton sector will have a serious impact on the livelihood of many and the overall economy. The primary objective of this article is to highlight two very important issues related to cotton. Firstly, from the producer's point of view; how to sustain the growth in cotton production which India had achieved over the years.
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In the diverse economic and manufacturing activities of India, cotton growing, processing, and trading occupy a predominant position and act as one of the strong competitive bases for textile and clothing production. India is one of the largest producers and exporters of cotton and an influencing player in the global cotton economy. It is estimated that more than 60 million people in India have been directly engaged in cotton and cotton-based manufacturing processes, and it is one of the largest employment sectors of rural India.
The proposition of 'white gold' for cotton had rightly highlighted its significance in the Indian economy since a long time. The dependence of millions of rural workforce on cotton and the cotton economy made this segment the backbone of rural economy, expansion of manufacturing activities, and employment. Any adverse developments in the cotton sector will have a serious impact on the livelihood of many and the overall economy. The primary objective of this article is to highlight two very important issues related to cotton. Firstly, from the producer's point of view; how to sustain the growth in cotton production which India had achieved over the years.
Download the full article
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