Under the Presidential Inputs Scheme, the government gave various free support initiatives to farmers to help them increase their cotton cultivation.
The Reserve Bank of Zimbabwe is expecting that the country would get around $85 million in foreign exchange through cotton exports this year.
In 2011, Zimbabwe produced 268,000 tonnes of cotton which decreased to 135,000 tonnes in 2013-14 and further to 100,000 tonnes in the year 2014-15. In 2016, cotton yield was just 28,000 tonnes, the lowest since 1992. Due to government’s efforts, production increased to 70,000 tonnes last year. (RKS)
ALCHEMPro News Desk – India
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