{"id":224883,"date":"2023-02-03T19:30:49","date_gmt":"2023-02-03T14:00:49","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=224883"},"modified":"2023-02-22T11:39:12","modified_gmt":"2023-02-22T06:09:12","slug":"union-budget-2023-24-push-for-els-cotton-yield-to-reduce-imports","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/union-budget-2023-24-push-for-els-cotton-yield-to-reduce-imports\/","title":{"rendered":"Union Budget 2023-24: Push for ELS cotton yield to reduce imports"},"content":{"rendered":"\n

Source: <\/b>The post is based on the article <\/span>\u201cUnion Budget 2023-24: Push for ELS cotton yield to reduce imports\u201d <\/b>published in <\/span>The Hindu <\/b>on 3rd February 2023<\/b><\/p>\n

What is the News?<\/b><\/h2>\n

The Budget has proposed to enhance the productivity of extra-long staple (ELS) cotton through public-private partnerships. This is meant to lower the import dependence on a growing cotton variety that is in demand and can produce high-quality yarn.<\/span><\/p>\n

What is E<\/b>xtra-long staple(ELS) cotton<\/b>?<\/b><\/h2>\n

ELS denotes a category of cotton fibre with a staple length of between 32-36 mm.<\/span><\/p>\n

But in India, of the cotton produced, the ma\u00adj\u00ado\u00adrity is 26-30 mm. Of this almost 80% is 29 mm, which is considered medium-grade.<\/span><\/p>\n

In India, of the domestic consumption of around 31 milli\u00adon bales, ELS cotton accounts for just around 1 million. But here too the domestic production of ELS cotton, according to industry players, is 350,000-400,000 bales. This means 600,000 bales need to be imported annually.<\/span><\/p>\n

Egypt, the US, and Australia are the largest producers of ELS cotton. In India ELS cotton is priced 35-40% more than normal cotton because of its high quality.<\/span><\/p>\n

It is this import of ELS Cotton that the Budget announcement seeks to cut through boosting domestic production.<\/span><\/p>\n

Note: <\/b>A cotton bale is defined as being refined cotton, packaged at a particular size, manageable for use by modern production methods.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Source: The post is based on the article \u201cUnion Budget 2023-24: Push for ELS cotton yield to reduce imports\u201d published in The Hindu on 3rd February 2023 What is the News? The Budget has proposed to enhance the productivity of extra-long staple (ELS) cotton through public-private partnerships. This is meant to lower the import dependence… Continue reading Union Budget 2023-24: Push for ELS cotton yield to reduce imports<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,9],"tags":[10498],"class_list":["post-224883","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-public","tag-the-hindu","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/224883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=224883"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/224883\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=224883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=224883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=224883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}