Home / Knowledge / News / Textiles / India clarifies position on export subsidies on cotton
India clarifies position on export subsidies on cotton
28
Apr '16
The government has clarified that India is not a major user of the export subsidies and as per India's notifications to the WTO, India has not given any export subsidy for cotton between the year 2006-07 and 2009-10.

“The Nairobi Ministerial Decision on elimination of export subsidies on cotton will in fact be good for Indian exports as it will create a level playing field for our farmers, who were not entitled for it but other developed countries were providing the same as scheduled, as per the rules,” the Textile Ministry said in an official statement.

The Nairobi Ministerial Decision on Cotton and Export Competition resulted in a commitment by developed countries to immediately eliminate their export subsidies on the date of adoption of the decision; i.e December 19, 2015 and Developing countries by January 01, 2017, it said.

Thus India's push has helped in elimination of cotton export subsidies by developed countries. This will help Indian cotton growers in competing with other growers as well as prevent dumping of subsidized cotton in India.

“Government of India is committed to the welfare of cotton farmers and has been taking every step to protect the cotton farmers which includes procurement of cotton through Cotton Corporation of India at Minimum Support Prices,” it said. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

May 31 deadline for registration of chemicals under REACH

Textiles | On 23rd May 2018

May 31 deadline for registration of chemicals under REACH

May 31 is the final deadline for companies to register all chemicals...

US cotton production projected to decline in 2018: USDA

Textiles | On 23rd May 2018

US cotton production projected to decline in 2018: USDA

US cotton production is forecast at 19.5 million bales, nearly 7 per...

Pakistan's textile exports up 8.13% in July-April FY18

Textiles | On 23rd May 2018

Pakistan's textile exports up 8.13% in July-April FY18

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search