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Economy News - Detailed News

Union Cabinet approves Mission for Cotton Productivity with total outlay of Rs 5659.22 crore
07-May-26   15:22 Hrs IST
In a critical policy intervention poised to reshape the future of India's cotton economy, the Union Cabinet has approved the Mission for Cotton Productivity with a total outlay of Rs 5,659.22 crore for the period 2026'27 to 2030'31. The mission represents a strategic national effort to revitalise India's cotton sector by addressing longstanding challenges related to declining productivity, pest vulnerability, quality inconsistencies, and global competitiveness. Anchored in the Government of India's '5F Vision' ' Farm to Fibre to Factory to Fashion to Foreign ' the initiative seeks to build an integrated, technology-driven, and globally competitive cotton value chain capable of positioning India as a premium and sustainable textile powerhouse. At the core of the mission lies an ambitious agenda to significantly enhance cotton productivity through the development and large-scale deployment of high-yielding, climate-resilient, and pest-resistant seed varieties. The programme will also facilitate the dissemination of next-generation crop production technologies.

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