Home / Knowledge / News / Textiles / Punjab CM urges PM to review cotton export ceiling
Punjab CM urges PM to review cotton export ceiling
Jul '11
Parkash Singh Badal, Chief Minister of Punjab has appealed to Prime Minister Manmohan Singh to personally intervene to review the ceiling on cotton exports for the 2010-11 kharif marketing season.

The Punjab CM has demanded that export of one million cotton bales beyond the existing ceiling be allowed, so as to ensure better returns to cotton farmers for their produce for the forthcoming cotton marketing season of 2011.

In his letter to the Prime Minister, Mr. Badal said that Punjab being one of the country's leading cotton producing States produces around two million bales of cotton each year.

According to the Cotton Advisory Board of India's estimates, the country's total cotton output for the 2010-11 is expected to come to around 32.5 million bales, against which the overall demand is expected to be at around 24 million bales. Thus, in view of the present situation, it seems that the country would have a crop surplus.

The Union Government in October 2010 capped cotton export for the 2010-11 season at 5.5 million bales to safeguard the interest of domestic textile sector, in view of soaring raw material price. However, this ceiling was subsequently relaxed by one million bales to 6.5 million bales.

Mr. Badal even apprised the Prime Minister that the ban imposed on export of the natural fibre led to an ease in the cotton prices, which has come under severe criticism from farmers' organizations of States involved in production of cotton.

Further, the Punjab CM said that the overall world cotton output is likely to grow and as per estimates of the International Cotton Advisory Committee, the world cotton output is likely to touch 27 million tons by 2012, due to rising prices.

In view of all this, Mr. Badal stressed on the need to urgently review the cotton export ceiling and to allow additional exports of one million cotton bales during the ongoing kharif marketing season.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 28th May 2017

Over 45% US retailers to use AI in next 3 years: Report

Over 45 per cent retailers in the US plan to utilise artificial...

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Apparel/Garments | On 28th May 2017

Naked Brand, Bendon sign agreement to reorganise

Naked Brand Group, a fashion and lifestyle brand, and Bendon Limited, ...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Eamonn Tighe
Nature Works LLC

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
May 2017

May 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search