The Growth and Export Competitiveness of Cotton in India

Prince Gyan¹, Hemant Sharma^2* and S.S. Kalamkar²

¹Department of Statistic, Sardar Patel University, Vallabh Vidyanagar Anand, India

²Agro- Economic Research Centre, Sardar Patel University, Anand, India.

Corresponding Author E-mail: sharmah007@gmail.com

DOI : http://dx.doi.org/10.12944/CARJ.11.3.32

Abstract:

Cotton production is of paramount importance in India due to its significant impact on various aspects of the country's economy, agriculture, and society. This paper studied the Growth, Instability, and export potentials of cotton in India. This is based on secondary data and data analyzed for three periods viz., Period I (1959-60 to 1978-79), Period II (1979-80 to 1998-99), and period III (1999-00 to 2018-19). The study revealed that the growth of production and productivity of cotton in India increased from periods 1 to 3. The overall period bare that the production growth rate of cotton in India increased significantly by 3.5 percent annually, which is because the productivity rate increased significantly by 2.75 percent per annum, whereas the area also increases significantly at a rate of 0.72 percent annually. The relative contribution of area and price effect was positive with high output growth of cotton due to the development of many policies related to area extension and price policy by the government. The RSCA value in 2012 was -0.02 to -0.08, which would be attributed to an increase in domestic demand and a reduction in ambiguity. The results of RCA revealed that India is leading Agriculture Institutions and state Agriculture Universities should focus on developing as high yielding varieties of cotton for cotton export. The government should also support farmers to increase the export and production of cotton in India.

Keywords:

Cotton; Export; Growth; Production

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