New Delhi, April 26 -- The Indian government is poised to launch a five-year Cotton Technology Mission from 2024, aimed at revitalising the country's white gold and cementing its position as a prime textile sourcing and investment destination.

The revamped mission is designed to address the objective of reducing India's dependence on cotton imports and increasing the incomes of its over 6 million cotton farmers, reported Mint, citing sources.

The policy framework and financial allocation for the mission will be finalised within the first 100 days of the new government, according to sources privy to the matter.

Stakeholder consultations are planned in the coming months to shape the draft policy framework.

This mission will be launche...