Budget 2025-26: Rs 5,272 crore outlay for textiles, five-year Cotton Mission announced
The Union Budget 2025-26 was presented by the Union Finance Minister on February 1, 2025. The Budget announced an outlay of Rs. 5272 crores (Budget Estimates) for the Ministry of Textiles for 2025-26. This is an increase of 19 percent over budget estimates of 2024-25 (Rs. 4417.03 crore).
To address the challenges of stagnant cotton productivity, Union Budget 2025-26 has announced a five year Cotton Mission to increase cotton productivity especially extra long staple varieties. Science & Technology support will be provided to farmers under this Mission. The Mission is in keeping with the 5 F principle and will increase income of the farmers and augment a steady supply of quality cotton. By boosting domestic productivity, this initiative will stabilise raw........
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