COIMBATORE: The State Cotton Council of Tamil Nadu deliberated on measures that can be taken to increase the cotton area in the State. According to the South India Cotton Association, whose representatives participated in the meeting held in Chennai recently, the council looked at measures to increase the cotton productivity and area in the State.
The association suggested providing a stimulus package to the local industry and trade. It suggested relaxation of multiple local levies and taxes. At the national-level, the seed cotton arrivals for this season had slowed down. So far, 268 lakh bales had arrived compared to 268 lakh bales for the same period last season.
The seed cotton arrivals in the Northern Belt (Maharashtra, Madhya Pradesh and Andhra Pradesh) were close to the Cotton Advisory Board estimates. Gujarat, Karnataka and Tamil Nadu lagged behind the board estimate.
In Tamil Nadu, the cotton lint prices continued to firm up during the last fortnight and new cotton arrivals were reported in few markets.