A policy intended to give remunerative price to cotton farmers may soon take shape if the Union Textile Ministry’s plans to hold a meet with the ministries of commerce, labour and agriculture materialises. This has come in the backdrop of Labour Minister Bandaru Dattatreya’s meet along with a 26-member delegation with Textiles Minister Santosh Gangwar. The labour minister, who belongs to Telangana, apprised the textile minister of the situation of cotton farmers, especially in the home state.

Shedding light on the accomplishment, the labour minister said the textile ministry has come out with a proposal wherein all three ministries—commerce, labour and textile, will sit together to eliminate farmers’ woes by getting remunerative prices for them. The policy will also look at means to make maximum purchase of cotton from farmers.

He also said that the textile ministry is ready to set up a textile park and also is open to the idea of setting up a cotton research centre in the state. The textile ministry has agreed to give Rs 100 crore subsidy for the setting up of the textile park. The ministry is looking for possibilities to set up a cotton corporation of India office also in the state.