Tamil Nadu govt dedicates Rs 15.32 cr to enhance cotton produce

Chennai, Mar 23 (KNN) To improve the cotton productivity in Tamil Nadu, the state government has allotted a budget of Rs 15.32 crore in its state budget for FY22-23.

Similarly, to encourage the development of cotton, it has introduced the sustainable cotton cultivation mission to encourage cotton development.

Rs 33,007.68 crore has been allotted to the Agriculture Department for the farmers to benefit.

Commenting on the budget allocation to the sector and various initiatives, Ravi Sam, Chairman, The Southern India Mills’ Association (SIMA) thanked Chief Minister M K Stalin and Minister for Agriculture M R K Paneerselvam for the budget allocated to the agriculture sector.

He said that it would greatly benefit the farmers at large and cotton farmers in particular.

The government has allocated Rs 5,157.56 crore for free electricity supply to the farmers and will set up 3,000 solar powered pump sets for farmers across the state.

About Rs 150 crore has been allocated to use machinery to overcome labour shortage.

Sam also expressed his appreciation with regards to the announcement of executing various special programmes jointly with the industry to create skilled labour force.

The economic growth of the country will receive an impetus owing to the establishment of new industrial parks in 5 districts including in Vellore, Coimbatore and Perambalur, attracting investment of over Rs 50,000 crore.

“The ambitious target of 14 per cent growth rate would encourage the textile industry in Tamil Nadu to scale up the production, make investments in green field projects,” he added.

The textile industry of Tamil Nadu accounts for a major chunk of India’s total textile market which provides direct employment to about 60 lakh people which is chiefly cotton based. (KNN Bureau)