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Activities of Coir Co-operative societies -Yarn Sector


Activities of Coir Co-operative Societies (Yarn and Product Sector)

Yarn Sector

  • The number of working coir co-operative societies has been steadily declining from 505 in 2019-20 to 429 in 2023-24.

  • The total number of workers also dropped from 28,626 in 2019-20 to 17,257 in 2023-24, indicating a significant reduction in employment opportunities.

  • Husk and fibre purchases decreased consistently over the years, showing reduced raw material procurement.

  • Yarn production fell sharply from 32,653 tonnes in 2021-22 to 16,336.63 tonnes in 2023-24.

  • Wages paid declined from Rs. 4,854.59 lakh in 2021-22 to Rs. 2,821.77 lakh in 2023-24, reflecting contraction in operations and production.

Product Sector (Mats, Mattings & Small-scale Producer Co-operatives)

  • The number of working societies in the product sector slightly increased from 76 in 2019-20 to 82 in 2023-24.

  • Despite the rise in societies, the number of workers decreased sharply from 8,760 to 2,970 over the same period.

  • The value of production declined substantially from Rs. 20,956.44 lakh in 2019-20 to Rs. 11,112.14 lakh in 2023-24.

  • Wages paid dropped drastically from Rs. 8,773.39 lakh in 2019-20 to Rs. 788.9 lakh in 2023-24, showing reduced productivity and worker engagement.