Solution

The central government has set up the Cotton Council of India to resolve issues related to the pricing of cotton and yarn and bring tangible improvement in the sector. The council will be chaired by industry veteran Suresh Bhai Kotak. The council will deliberate on actions to be taken for softening of cotton and yarn prices on an urgent basis. It will work to solve the issue of cotton productivity, which is the biggest challenge in the country, as despite having the largest area under cotton cultivation, there is less cotton production. India is the largest producer of cotton in the world. The crop holds significant importance for the Indian economy and the livelihood of the Indian cotton farmers.