

It has also urged for a cotton price stabilisation fund Scheme comprising 5% interest subvention or loan at NABARD rate of interest, reduction in margin money from 25% to 10% and increase in the cotton working capital limit from 3 months to 9 months.

Confederation of Indian Textile Industry ( CITI) has sought Prime Minister's intervention to stabilise the cotton prices, which have soared to the peak in the last 11 cotton seasons.
