TNN | Jun 8, 2021,
Hyderabad: The government is actively considering to come up with a policy on cotton solvent to encourage ginning mills in the state. Agriculture minister Singireddy Niranjan Reddy told this to the owners of the mills at a meeting he held with various associations on Monday. Saying that the by-products of cotton such as oil, cake and solvents command a good demand at national and international level, the minister said the government is committed to encouraging ginning mills in the wake of increase in the extent of cotton crop.
Niranjan Reddy said that more incentives would be given to the mills after taking the issue to the notice of CM K Chandrasekhar Rao. “The number of ginning mills was less than 100 before formation of Telangana. Now, 350 new mills have come up in the last seven years and another 30 are in the pipeline,” he said.
According to the minister, the Cotton Corporation of India and traders used to take the cotton purchased here to Maharashtra and Andhra Pradesh but now there was no such need. Ginning mills set up mostly in the rural areas provide direct employment to 100 people in each mill and indirect employment to another 500, he added. (Source: timesofindia.indiatimes.com)