Govt. to control cotton price

Madurai | Thursday | 19th July, 2018

Summary:

A senior official from the Handloom Department said that only five % of the total cotton production takes place in Tamil Nadu. Venkatesh, Director of Handlooms C.

Muniyanathan, Additional Director K.

Kannan, and Director of Sericulture P.

Sri Venkada Priya spoke. The government is trying to control the price and it is in discussion with the Centre,” said Minister for Handlooms and Textiles, O.S.Manian, here on Wednesday. Addressing a group of weavers from south Tamil Nadu, he said that sale of cotton for export would be reduced and sale within India would rise. more-in“The price of cotton has significantly shot up from ? 24,000 to ? 51,000 per bale as the climatic conditions have been erratic with extensive rain and sunshine causing heavy loss to farmers and weavers..