Interviews
Appeal to Govt for limiting cotton exports
14 Sep '10
2 min read
The Value-added Textile Forum, requested the Govt. to limit its cotton and cotton yarn exports. The recent floods have severely damaged the cotton crop, which may lead to the scarcity of the commodity in the domestic market.
The forum asked the Govt. to supply sufficient amount of yarn, to the value-added textile sector, by limiting its exports. Earlier, India had also decided to save its textile industry from the shortage of cotton, by imposing restrictions on its shipment.
It appreciated the step taken by the Indian government to ascertain the supply of cotton and cotton yarn, at low prices, to the value-added textile sector, in spite of the enormous demand for cotton from countries like Pakistan and China.
The forum blamed the Pakistani Govt. for neglecting the suggestions, of the Ministry of Textile Industry, for controlling the export of cotton and cotton yarn and also added that, in spite of the persistent demand for cotton yarn in the country's value-added textile sector, it is under severe pressure owing to the shortage of cotton yarn.
The forum stated that, both the Senate standing committee and the National Assembly standing committee on textiles, urged the Govt. to control the exports of yarn but the Cabinet committee on textiles had neglected their recommendations, and allowed the export of these commodities.
It was upset with the Cabinet committee's stand, which failed to recognize the problem and envisage the right course of action, as was done by India.
The forum asked the Govt. to supply sufficient amount of yarn, to the value-added textile sector, by limiting its exports. Earlier, India had also decided to save its textile industry from the shortage of cotton, by imposing restrictions on its shipment.
It appreciated the step taken by the Indian government to ascertain the supply of cotton and cotton yarn, at low prices, to the value-added textile sector, in spite of the enormous demand for cotton from countries like Pakistan and China.
The forum blamed the Pakistani Govt. for neglecting the suggestions, of the Ministry of Textile Industry, for controlling the export of cotton and cotton yarn and also added that, in spite of the persistent demand for cotton yarn in the country's value-added textile sector, it is under severe pressure owing to the shortage of cotton yarn.
The forum stated that, both the Senate standing committee and the National Assembly standing committee on textiles, urged the Govt. to control the exports of yarn but the Cabinet committee on textiles had neglected their recommendations, and allowed the export of these commodities.
It was upset with the Cabinet committee's stand, which failed to recognize the problem and envisage the right course of action, as was done by India.
Fibre2Fashion News Desk - India
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
