Home / Knowledge / News / Textiles / India does a U turn, revokes ban on cotton exports
India does a U turn, revokes ban on cotton exports
30
Apr '12
The Informal Group of Ministers met under the chairmanship of Shri Pranab Mukherji reviewed the cotton export situation. The meeting was attended by Agriculture Minister, Shri Sharad Pawar, Commerce and Textile Minister, Shri Anand Sharma and Chairman of the Prime Minister's Economic Advisory Council Dr. C. Rangarajan.

The Informal Group of Ministers considered the estimates of the cotton advisory board and the 3rd estimates of the Ministry of Agriculture. After a comprehensive review it was decided that suspension of new registrations for cotton exports be revoked and exports be permitted.

The Cotton Corporation of India has been mandated to build a buffer stock of 10 lac bales to meet any exigency during the months of June, July and August 2012.

The Informal Group of Ministers would make an assessment of the situation in 3 weeks times.

Ministry of Textiles


Must ReadView All

Textiles | On 25th Jul 2017

Global growth to pick up in 2017 and 2018: IMF

The pickup in global growth anticipated in the April World Economic...

Textiles | On 25th Jul 2017

Pakistan’s textile exports stay stable in FY17

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

Textiles | On 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Ritu Kumar
Label Ritu Kumar

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

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X