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Cotton growers insist on raising export limit
04
Oct '10
A large number of cotton growers from Saurashtra had assembled to oppose the government's cotton export policy last week. The Centre has set a limit of 5.5 million bales for exports of cotton in 2010-11 even when a very high cotton production is anticipated this year.

The farmers urged for raising the export limit of cotton to 10 million bales during the rally convened by the Maha Gujarat Agri Cotton Produce Company (MGACPC) at Shastri Maidan. The cotton growers were of the view that the export policy has been specially designed to support a few textile mills.

According to a MGACPC official, total cotton production is anticipated to touch the record target of 35 million bales. Gujarat alone is expected to produce 13 to 15 million bales of cotton.

In such a situation, shipping 5.5 million bales of cotton will lower the cotton prices in the local market. Textile factories, on one hand, will be acquiring cotton at lower prices and on the other hand, cotton growers will be suffering from this situation.

He said that, countries like Pakistan and China will be producing less cotton this year owing to the heavy rains. So the Indian cotton growers can really earn a lot through cotton exports. He further added that the cotton farmers will strengthen their protest if the government does not meet their demands.

Fibre2fashion News Desk - India


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