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ICAL stress need for certain sops to sustain cotton industry

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.

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