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Related Keywords: considerable drop in area under cotton crop in Punjab this season, demanded scrapping of minimum monthly electricity charges, ginners and exporters, ICAL, impacted traders, Indian Cotton Association Limited, rationalization of tax structure, raw cotton, stressed need for certain sops, sustain cotton industry

Indian Cotton Association Limited (ICAL) an apex trade body has stressed on the need for certain sops to sustain the cotton industry as there is considerable drop in the area under cotton crop in Punjab this season which has impacted the traders, ginners and exporters.

The cotton traders calling the policies of the state government unsupportive have demanded scrapping of the minimum monthly electricity charges for ginning industry, rationalization of tax structure with the neighbouring states and supply of power to spinning industry at lower rates.

Related Keywords: avoid repeat of pest attack crop, Awareness of whitefly and best practices for growing cotton, cotton growing area, give tip to cotton farmers, ICAL, ICAL president Mahesh Sharda, jointly organize seminar, Mumbai-based Indian Society for Cotton Improvement, NITMA, techniques to grow cotton without troubles, Three major trade bodies

Three major trade bodies Indian Cotton Association Limited (ICAL), Northern India Textiles Mills Association (NITMA), and Mumbai-based Indian Society for Cotton Improvement (ISCI have decided to jointly organize a seminar 'Awareness of whitefly and best practices for growing cotton' at Abohar on March 21.

The seminar to be held to discussion and find way to avoid a repeat of the last year's pest attack on cotton crop in Punjab and Haryana. Cotton was sown over 4.5 lakh hectares in Punjab last year and two-third of it was damaged due to pest attack.

Related Keywords: Barnala-based Trident Group, big relief to Punjab-based spinning industry, Cotton Ginning Factories Association, Cotton spinning industry, due to higher VAT, help in arrest the trend of flying off of the industry, ICAL, on cotton and other yarn, Spinning industry faces tough time, state budget proposed on Tuesday, welcomes reduction of VAT

The cotton spinning industry welcomes reduction of VAT on cotton and other yarn from 6.05% to 3.63% in the state budget proposed on Tuesday.
The spinning industry was facing tough times in Punjab due to higher VAT, as spinners from neighbouring states used to sell it at 2% VAT, with this reduction in tax rates, the spinning industry will be able to compete, said Bathinda-based Indian Cotton Association Limited (ICAL) former president Rakesh Rathi.