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“/o:shapelayout>”/xml>”![endif]–>The cash crop that has a huge demand the world over and with easy going farming
methods of Bt cotton had persuaded many farmers to engage in its cultivation,
thereby, earning them a handsome income. Thus, over the last three years the
area of land under cotton cultivation has increased significantly.”br>”p class=”MsoNormal” style=”text-align: left; direction: ltr; unicode-bidi: embed;”>”span style=”font-size: 12pt; font-family: "Times New Roman","serif";”>
“br>”/span>”/p>”p class=”MsoNormal” style=”text-align: left; direction: ltr; unicode-bidi: embed;”>”span style=”font-size: 12pt; font-family: "Times New Roman","serif";”>The government had fixed MSP at Rs 2,900 per quintal, however, the farmers were
earning around Rs 3,500 per quintal from the open market. At present, as a ban
has been imposed on its exports, prices have further come down by Rs 300 to 400
per quintal.”br>
“br>
Curbing the cotton prices domestically was the main aim with which the
restriction was imposed, but majority of the farmers remained unaffected by the
ban, as by this time around 80 percent of them had already sold their crops.”br> “/span>”/p>”p class=”MsoNormal” style=”text-align: left; direction: ltr; unicode-bidi: embed;”>”span style=”font-size: 12pt; font-family: "Times New Roman","serif";”>However, the ones who are mainly affected are the ginners who have stocked
large quantities of unsold cotton bales in their mills. The state has around
500 ginning mills with around 1,000 traders and 10,000 commission agents
relying on the cotton business.”br>
“br>
Karnataka along with Gujarat, Maharashtra, Madhya Pradesh and Andhra Pradesh is
one of the country’s main cotton-growing areas. The cash crop in the state is
being cultivated on over 300,000 hectares of land. Each year, around 1.2 million
cotton bales (1 bale = 170 kg) are processed from over 6 million quintals of
cotton cultivated in the state.”br>
“br>
More or less, the state has around 1.5 million cotton cultivators, and it
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alt=”http://www.fibre2fashion.com/news/images/85/Cotton_8593350.jpg” style=’position:absolute;
margin-left:0;margin-top:0;width:88.5pt;height:93.75pt;z-index:251657728;
visibility:visible;mso-wrap-style:square;mso-wrap-distance-left:0;
mso-wrap-distance-top:0;mso-wrap-distance-right:0;mso-wrap-distance-bottom:0;
mso-position-horizontal:absolute;mso-position-horizontal-relative:text;
mso-position-vertical:absolute;mso-position-vertical-relative:line’
o_allowoverlap=”f”>
“v:imagedata src=”file:///C:DOCUME~1DOAA12~1LOCALS~1Tempmsohtmlclip11clip_image001.jpg”
o_title=”Cotton_8593350″/>
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Date:5/12/2010

Source:pakobserver.net