On Tuesday, the Indian government sanctioned a financial allocation of Rs 5,659.22 crore for the Mission for Cotton Productivity, which will span from 2026 to 2031. Additionally, the Fair and Remunerative Price (FRP) for sugarcane for the 2026-27 fiscal year has been increased to Rs 365 per quintal, up from the previous Rs 355.
An official announcement revealed that the Union Cabinet, led by Prime Minister Narendra Modi, granted this funding to tackle challenges such as stagnating growth and quality issues within the nation’s cotton industry.
The Mission aims to boost cotton production to 498 lakh bales (each weighing 170 kg) by improving lint productivity from 440 kg per hectare to 755 kg per hectare by the year 2031. As per the Ministry of Agriculture, India’s cotton output was recorded at 290.91 lakh bales in the 2025-26 period, with Maharashtra, Gujarat, Telangana, Karnataka, and Rajasthan being the leading contributors.
Approximately 32 lakh farmers are expected to benefit from this initiative, which is seen as a significant step towards achieving self-sufficiency in the cotton sector. Union Agriculture Minister Shivraj Singh Chouhan described this decision as a groundbreaking move to revitalize the cotton industry.
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