New Delhi: The government decided to lift a ban on fresh cotton export registration on Monday to benefit farmers and it would review domestic supplies of the fibre in two weeks, commerce and textile minister Anand Sharma said.
“We have accepted the agriculture ministry’s data on cotton production. Based on the revised estimates of the Cotton Advisory Board as well as the agriculture ministry, we have decided to remove suspension on registration of cotton exports,” Sharma said after meeting agriculture minister Sharad Pawar, hours before a scheduled meeting with Prime Minister Manmohan Singh on farm exports.
Singh has called the meeting, to be attended by Mukherjee, Pawar, Sharma and food minister KV Thomas, on late Monday to defuse tension over the farm minister’s letter to him earlier this month, attacking the government’s restrictions on cotton and sugar exports despite a spike in cost of production. Earlier this month, state-backed Cotton Advisory Board (CAB) estimated...
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