Tamil Nadu - Coimbatore   

Ban on cotton exports sought

COIMBATORE: The South India Small Spinners’ Association has appealed to the Union Government to ban cotton exports.

Association president R. Kuppusamy has said in a release that during 2006-2007 (October-September), about 30 lakh bales of cotton were exported from the country. This year, the exports were expected to touch nearly 100 lakh bales. Permitting export of the raw material without taking into account the domestic requirement had hit the local mills since the units were unable to get cotton at reasonable prices. The mills were unable to import cotton due to the 15 per cent import duty.

The export incentive for cotton exports benefits only traders and not farmers.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Peravai plea
Foreign pump makers keen to work with those in India
Association flays Minister
Army recruitment rally
Ban on cotton exports sought
Farmers’ plea on power supply
Tax payment on credit card good: Corpn.
Workers stage demonstration in city
Getting fee refund the ideal way
Coimbatore today

Copyright © 2008, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu