CAI seeks Rs 500 cr package to promote drip irrigation in rainfed areas

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CAI seeks Rs 500 cr package to promote drip irrigation in rainfed areas - Business Standard

Quick Summary:

The association’s president, Atul Ganatra, in a statement at its annual general meeting (AGM), said that around 67 per cent of India’s cotton is produced in rain-fed areas.

He stated that, as a result, India is expected to import 2.5 million bales in 2024–25, compared to 1.52 million bales last year, while exports are projected to fall to 1.8 million bales from 2.83 million bales last year.

This reduction in sowing area, coupled with excessive rainfall damage in major cotton-growing regions, is likely to result in lower cotton production during the ongoing crop year.