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The budget also focuses on boosting cotton production and promoting exports of agriculture-based commodities.
Imports of pulses almost doubled to an estimated record 6.63 million tonnes during calendar 2024 after production declined for two consecutive years due to adverse climatic conditions, forcing the government to make imports duty-free to boost supplies and keep prices under check.
The production of cotton also suffered significantly due to pink bollworm, resulting in stagnant export of cotton and related products, while the import of raw cotton has been rising.
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