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Industry takes cotton grievances to Textile Minister

14 Oct '09
4 min read

The industry representatives requested that Cotton Advisory Board which is the national body for monitoring all aspects of availability, price and trade of cotton should meet every month during the peak season of November – March in order to ensure that cotton situation is assessed on a continual basis and necessary policy inputs are recommended to Government. The Minister welcomed this suggestion and stated that CAB would meet frequently during the peak season.

In his concluding remarks, the Minister observed that advantage of Indian cotton should be available to the textile and clothing industry of India while cotton farmers in the country should get remunerative prices on their produce.He stated that MSP operations of CCI and the purchase operations of the textile industry should both ensure that the requirements of the farmers as well as textile industry are fully taken care of. He also agreed to the suggestion of the industry to monitor cotton export closely in order to ensure that exports were allowed only after taking care of the requirements of the domestic industry.

The industry pointed out that the pricing policies of CCI and its procedures for disposing of procured cotton need close monitoring. They added that the procedure of staggered delivery that CCI followed was welcome, but this should be restricted to actual users. The Minister asked the industry to make their detailed recommendations on these aspects for the consideration of the Ministry.

Confederation of Indian Textile Industry

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