There is sufficient stock of cotton in the country to meet the demand of the mills as well as export. No proposal is under consideration for banning the cotton export at this stage.
This was stated by the Minister of State for Textiles, Smt. Panabaaka Lakshmi in the Lok Sabha, in a written reply to a question by Shri Datta Meghe and Shri Varun Gandhi.
The Minister further stated that with the intervention of Technology Mission on Cotton (TMC) Scheme and commercial release of Bacillus Thuringiensis (Bt) cotton, the cotton production in the country has increased substantally from 158 lakh bales from the year 2001-02 to 295 lakh bales in the current cotton season 2009-10 (Oct. –Sept.).
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