Raw Cotton Production:The Partition of India and the compulsory curtailment of cotton acreage during the war have very adversely affected the raw cotton production of the Indian Union.Recent reviews of cotton stocks and the distress appeals preferred by the Textile Industry for the improvement of the tight raw cotton supply position to mills are sufficient pointers to indicate that we are heading towards a cotton famine.The factual position for the cotton year 1948-;49 as announced on the floor of the parlia- ment placed the mill consumption at 46 lakh bales and extra factory consumption at 2,7lakh bales.The toytal requirement of 48.7lakh was proposal to be met from the domestic production of 26lakh bales .carry over stocks the extent of 10.9lakh bales.Pakistan supply of 6.5 lakhs,East African imports of2 lakhs and supplies from U.S.A.Brazil,Egypt and Sudan amounting to 3.3 lakh bales.These arrangements would help us in tiding over the present crisis but the rate at which we are eating into the carryover stocks would only put off the evil day.In fact it is apprehended that we will be unable to tode over the period between September and December 1949 withuot adequate imports.
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