chapter viii wool & wollen textiles industry - Ministry of Textiles

ministry of textiles
The Government of India had launched
Technology Mission on Cotton (TMC) in
February 2000 with four Mini Missions.
CCI had been the implementing agency
for Mini Mission III (Improvement of
Marketing Infrastructure) and Mini Mission
IV (modernization/upgradation of existing
G&P factories).
The cotton season 2010-11 had been
a unique year in the history of cotton
economy of the country in as much as the
cotton season witnessed unprecedented
volatility in the prices of both kapas (seed
cotton) and lint cotton. In the first half of
the season, cotton prices had reached a
record level and the same subsequently
dropped substantially. This was mainly
due to historically tight world opening
stock to use, slowing demand, difficulties
to access credit by the cotton spinners,
declining prices of cotton yarn etc.
Since the prevailing kapas prices in
cotton season 2010-11 had ruled above
MSP level throughout the season, the
Corporation had no occasion to undertake
MSP operations in any of the cotton
growing States. However, with a view to
cater the needs of its regular buyer mills
as also to ensure competitive prices to
the cotton farmers, the Corporation had
undertaken commercial operations and
had purchased 13.66 lakh bales.
COTTON ADVISORY BOARD (CAB)
The Cotton Advisory Board (CAB) is a
representative body of various interest
groups/stakeholders in cotton sector viz.,
Governmental agencies, cotton growers,
textile industry and trade. It advises
the Government generally on matters
pertaining to production, consumption
and marketing of cotton and also provides
a forum for liaison amongst the cotton
textile mill industry, the cotton growers,
the cotton trade and the Government.
The Board, reconstituted on 4 th May
2010, has got 75 members of which 9 are
Central Government nominees, 9 State
Government nominees, 4 cotton farmers
representatives, 3 representatives of
cotton manufacturers, 15 representatives
of textile industry, 6 representatives of
cotton trade, 4 representatives of Ginning
and Pressing sector, 4 representatives
of cotton research and development
institutions, 1 each of powerloom and
handloom sector and 18 other nominated/
special invitee members and one member-
Secretary. The reconstituted Board is valid
upto 4 th May 2012.
INTERNATIONAL COTTON ADVISORY
COMMITTEE (ICAC)
The International Cotton Advisory
Committee is an association of various
Governments having interests in production,
export, import and consumption of cotton.
It is an organization designed to promote
cooperation in the solution of cotton
problems, particularly those of international
scope and significance. India is a member of
the ICAC and makes an yearly contribution
towards it, as assessed by it from time
to time.
The 70 th Plenary session of the ICAC was
held in Buenos Aires, Argentina during
September 2011. The theme of plenary
meeting was “Public and Private sector
role in the Cotton Value Chain: Ensuring
Both Efficiency and Fairness”.
The Cotton Yarn Advisory Board
The Cotton Yarn Advisory Board, headed by
the Textiles Commissioner was constituted
on 13th September, 2010 up to 31st March,
2012 or until further orders, whichever
is earlier. It is a representative body of
various inters groups like Government
agencies, textiles industry and trade. Its
main functions are to monitor domestic and
international prices of cotton yarn, suggest
measures for increasing the availability of
cotton yarn, monitor import and export of
yarn and prepare the Cotton Yarn Balance
Sheet.
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