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UP's textile industry dying year after yearSIS exclusive conversation with cotton trader Shravan Kumar Agarwal of HathrasTextile industry is being promoted all over the country but in UP this industry is dying year after year. Whether it is the production of cotton or the setting up of units of ginning and spinning mills, the situation here is opposite from that of the country. In cotton growing stations like Hathras, the area under cotton is decreasing by about 10 percent every year. On the other hand, till a few years ago, Kanpur and Hathras were called the cotton hubs of UP, whereas now there is no existence of a single mill here. In the largest state of the country, this joy of the country's second largest industry is a matter of thinking for the responsible.Labor cost is expensiveCotton trader Shravan Kumar Agrawal of Hathras area of UP expressed this concern regarding the cotton and textile industry. Shravan told that there is tremendous scope in the cotton industry but not in UP. Actually harvesting of cotton crop requires a lot of labor and labor cost in UP is very expensive. That is why farmers are giving preference to the cultivation of maize and bajra instead of cotton. On the other hand, setting up of ginning and spinning mills is a huge investment for which no help is available from the government. This is the reason that the future of this industry in UP seems to be in danger.hope for help from the governmentHe said that Hathras area of UP belt is famous all over the world for the production of indigenous cotton. Here on an average, 8 to 10 thousand cotton bales are pressed every year, whereas in the whole of UP, about 50 lakh bales are pressed. If the government wants, it can save this dying industry. If there is a need, then only some simple policies need to be made. Policies that help in reducing labor cost and industry cost.

Rupee 1 paise stronger against the dollarRupee opened with strength today against the dollar in the foreign exchange market. Today the rupee opened with a strength of 1 paise at Rs 79.04 against the dollar. At the same time, on Friday, the rupee closed at Rs 79.05 with a weakness of 1 paise against the dollar.A bright start on the first day of the trading weekThe Indian stock market opened with an increase on 4th July. Nifty is open around 15900. Sensex is up 118.10 points or 0.22 percent at 53026.03 and Nifty is up 32.80 points or 0.21% at 15784.80. About 1465 stocks are showing an uptrend

Cotton closing stock will be less than expected this seasonThis cotton season will end on 30 September 2022. It is estimated that by the end of the season the closing stock of cotton will be 39.27 lakh cotton bales. After the meeting of the Cotton Production and Consumption Committee held in May, the data of cotton imports, opening stock, total availability of the season etc. were released for this season.The Committee on Cotton Production and Consumption in its meeting held in May had estimated the closure of around 41.27 lakh bales.After a meeting on Friday, the committee said that imports are expected to be 15 lakh bales, production at 315.43 lakh bales and opening stock at 71.84 lakh bales. With this, the total availability for the season is estimated to be 402.27 lakh bales.The textile mills (non-small scale industry units) were expected to consume 285 lakh bales as against 289 lakh bales estimated by the committee in its meeting in May. Industry sources here said the demand for cotton has declined due to weak demand for yarn.The consumption by small scale units was expected to be 20 lakh bales while the non-textile consumption was expected to be 16 lakh bales. The export was estimated at 42 lakh bales, the committee said.This cotton season will end on 30 September 2022. It is estimated that by the end of the season the closing stock of cotton will be 39.27 lakh cotton bales. After the meeting of the Cotton Production and Consumption Committee held in May, the data of cotton imports, opening stock, total availability of the season etc. were released for this season.The Committee on Cotton Production and Consumption in its meeting held in May had estimated the closure of around 41.27 lakh bales.After a meeting on Friday, the committee said that imports are expected to be 15 lakh bales, production at 315.43 lakh bales and opening stock at 71.84 lakh bales. With this, the total availability for the season is estimated to be 402.27 lakh bales.The textile mills (non-small scale industry units) were expected to consume 285 lakh bales as against 289 lakh bales estimated by the committee in its meeting in May. Industry sources here said the demand for cotton has declined due to weak demand for yarn.The consumption by small scale units was expected to be 20 lakh bales while the non-textile consumption was expected to be 16 lakh bales. The export was estimated at 42 lakh bales, the committee said.

Deadline for exporters to submit application for pending dues extendedThe last date for exporters to submit online applications to claim their pending dues under export promotion scheme MEIS has been extended till August 31 this year, according to a notification of the commerce ministry. Last September, the government announced release of Rs 56,027 crore against pending tax refunds of exporters under different export incentive schemes."The last date for submitting applications under MEIS (merchandise exports from India scheme), for exports made in the period September 1, 2020 to December 31, 2020 has been extended up to August 31, 2022," the Directorate General of Foreign Trade (DGFT) said in a notification.Earlier, the deadline was April this year.DGFT said no MEIS applications would be accepted after the last date.The country's exports during April-May 2022-23 rose about 25 per cent to USD 78.72 billion. Imports during the period increased 45.42 per cent to USD 123.41 billion.The trade deficit during the first two months of this fiscal year widened to USD 44.69 billion from USD 21.82 billion in the year-ago period.

Rupee weakness by 8 paise against dollarToday evening, the rupee closed at Rs 79.05 with a weakness of 8 paise against the dollar.Today the stock market closed with a fall.Today, where the Sensex closed at a level of 52907.93, down 111.01 points.On the other hand, Nifty closed at the level of 15752.00 points down by 28.30 points.

Know what is the current status of cotton sowing in the countryCotton sleeping is an important issue in the textile industry these days. Because on this basis the business of the coming year will depend. Since the end of April, the discussion regarding sleeping figures has started. Earlier, almost all the states talked about increasing the cotton sowing area, but by the end of June, the situation remained that instead of increasing the area, it decreased. Let us know what is the status of cotton sleeping in the country at present-north zonePunjab, Haryana and Rajasthan had set a target to increase the area under cotton in all these three states, but the fear of crop loss due to pink bollworm disease last year is clearly visible among the farmers this year as well. As a result, sleeping was less than last year. In the year 2021-22 till the end of June, cotton was sown in 14.651 lakh hectares whereas in the year 2022-23 it was reduced to only 14.550 lakh hectares. In one year, there was a decrease of 0.101 lakh hectare in the North Zone.central zoneThe situation in the Central Zone is still improving as compared to the North. There has been an increase of 1.919 lakh hectares in the total sleeping area in the zone till this time as compared to last year. Maharashtra has played the main role in this. Here cotton seeding has increased in 4.061 lakh hectares. Whereas in Gujarat and Madhya Pradesh the sleeping figures have remained negative. In the year 2021-22 till this time the total sowing in the central zone was 34.387 lakh hectares while in the year 2022-23, cotton has been sown on 36.306 lakh hectares of land.South ZoneSoing's figures in this zone should be mixed. In fact, there was an increase of 0.210 lakh hectares in sowing in Andhra Pradesh, while a decrease of 0.861 lakh hectares was recorded in Telangana. Similarly, cotton sowing was done in Karnataka on 1.242 lakh hectares more land. In Tamil Nadu till this time last year till this time 0.003 lakh hectares were cultivated, whereas this year so far sowing has not started here. A total of 0.588 lakh hectares of land has increased in South Zone as compared to last year.Apart from all the three zones, sowing was seen less in Orissa and other states as compared to last year. Till this time till this time, till the year 2021-22, cotton was sown on 61.732 lakh hectares of land, whereas this year cotton was sown on 64.077 lakh hectares of land. has gone. This increase in percentage was 3.80 percent.(All figures based on the report released by the Ministry of Agriculture and Farmers Welfare)

Sensex recorded a fall of 353 points as soon as it openedToday the stock market opened with a fall. Today the BSE Sensex fell by about 352.81 points and opened at the level of 52666.13 points. On the other hand, the Nifty of NSE opened with a decline of 114.30 points at the level of 15666.00 points.Rupee depreciates against dollar, loses 2 paiseRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 2 paise at Rs 78.99 against the dollar. At the same time, on Thursday, the rupee closed at a level of Rs 78.97 with a weakness of 1 paise against the dollar.

All India Weather Forecast for July 01, 2022Countrywide weather systemsThe Cyclonic Circulation lies over Central Pakistan and adjoining Northwest Punjab.The East West Trough is extending from Punjab to West Central Bay of Bengal across Haryana, South Uttar Pradesh, Northeast Madhya Pradesh, Chhattisgarh and South Odisha coast.An offshore trough is extending from North Maharashtra Coast to South Karnataka Coast at mean sea level.A cyclonic circulation is moving southwards over Odisha Coast and adjoining areas with an altitude between 3.1 and 5.8 km above sea level.Weather movement across the country during the last 24 hoursDuring the last 24 hours, moderate to heavy rains occurred over most parts of Konkan and Goa, Coastal Karnataka, parts of North Kerala, East Uttar Pradesh and East Madhya Pradesh.Light to moderate rain with isolated heavy falls occurred over Sub-Himalayan West Bengal, Sikkim, Meghalaya, parts of Central Uttar Pradesh and Himachal Pradesh and light to moderate rain at one or two places over Northeast Rajasthan and South Gujarat It rained heavily.Light to moderate rain at isolated places over rest of Northeast India, Kerala, Lakshadweep, Chhattisgarh, parts of Haryana, Delhi, remaining parts of North Madhya Pradesh, parts of Rayalaseema, Coastal Andhra Pradesh and Vidarbha and Andaman & Nicobar Islands Hui.Light rain occurred over Interior Tamil Nadu, Telangana, Interior Karnataka, Odisha, Jharkhand, Jammu and Kashmir and Saurashtra and Kutch.Weather activity likely during next 24 hoursDuring the next 24 hours, isolated isolated places over West Madhya Pradesh, parts of Southwest Uttar Pradesh, East Rajasthan, Sub-Himalayan West Bengal, Sikkim, Assam, Meghalaya, Konkan & Goa, Coastal Karnataka and North Kerala. Moderate rain with heavy rain at a few places. ,Light to moderate rain may occur at one or two places over Uttarakhand, Himachal Pradesh, Punjab, parts of Haryana, Delhi and South Chhattisgarh.Light rain may occur at one or two places over Vidarbha, Marathwada, Telangana, parts of Madhya Maharashtra, Rayalaseema, Coastal Andhra Pradesh and Lakshadweep.Light rain is possible over rest of the country except West Rajasthan and Kutch.

Rupee weakens by 1 paise against dollarToday evening, the rupee closed at a level of Rs 78.97 with a weakness of 1 paise against the dollar.Today the stock market closed with a fall.Today, where the Sensex closed at the level of 53018.94 points down by 8.03 points.On the other hand, Nifty closed at a level of 15780.30 points down by 18.80 points.

Cotton needs a long-term strategyA panel of central and state ministries, industry bodies from seed, textile and fertilizer sectors is the need of the hour. Cotton fabric is an eco-friendly material and should be used more widely. Affordable cotton prices are the key. The textile industry is in the worst shape due to the current shortage and high cotton prices. Cotton exports worth $2 billion are in danger. India cultivates cotton on 12 million hectares but lags behind in productivity. The current productivity of 440 kg/ha of lint, down from its highest level of 516 kg/ha five years ago, compares poorly with the global average of 775 kg/ha.In the absence of a clear strategic policy and an enabling regulatory environment, India may not be able to provide cotton at an affordable cost to the textile industry. India being the largest exporter of cotton can become a net importer in 2013-14.India's cotton production tripled from 13 million bales in 2002 to a peak of 39 million bales in 2013, but declined to 32 million bales last year. For the past five years, cotton yields have stagnated and recently started declining, putting pressure on supply. The demand-supply imbalance has pushed up the prices and hit the textile industry hard. The textile industry requires 45 million bales by 2026 for domestic purpose and to meet exports to countries like Bangladesh and Vietnam.It is unlikely that India will produce enough cotton in five years unless a strategy involving multiple stakeholders and central and state ministries is drawn up immediately.productivity depressed62 districts for 37 per cent of the cotton area have very low yields of 230 kg/ha and another 69 districts have a moderate yield of 420 kg/ha in 35 per cent of the area. The productivity in the rest of the area is reasonably 615 kg/ha.Yield loss due to pink larva, sycamore rot and sucking pest as well as costly weed management has become a nightmare for the cotton farmer. Farmers have to pay 20 per cent of their revenue for harvesting cotton. Rising cost of production is affecting the livelihood and income of 70 lakh cotton farmers.In addition, no new biotech traits for cotton seeds have been approved for commercialization since 2005, resulting in inefficiencies in pest control leading to yield declines.Many countries achieved a ginning out-turn of 40-45 percent as compared to 30-35 percent in India.This means we are losing 20 percent of lint productivity compared to other countries. Lack of up-gradation of agricultural practices and mechanization of operations including harvesting is causing inefficiency in cotton production.Inadequate investment in seed research due to price control on cotton seeds has meant lack of development of high quality cotton seed varieties in the last 10 years.way forwardA holistic and long-term strategic approach is required. Starting from cotton seed, crop protection, crop nutrition, irrigation, mechanization, market, guinea and end user, many links in the value chain are to be optimized and technologically advanced. There should be an alignment between the various central ministries and between the Center and the states where cotton is grown or the textile units are based. We need an end-to-end integrated approach.If India is to achieve the global average productivity, it will have to adopt breakthrough technologies and introduce new production systems as outlined below.High Density Planting System (HDPS): Increase plant population from existing 15,000-25,000 per hectare to 75,000-1,00,000 with optimized farming practices leading to 30 percent increase in yield. India needs to develop compact plant types which are suitable for increasing the plant population. This would require breeding effort from the seed industry in partnership with ICAR-CICR and ICAR-SIRCOT. Farmers are encouraged to adopt this method.

ANDHRA PRADESH KHARIF - 2022 SEASON SOWING REPORT AS ON 29 JUNE 2022