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Govt will allow more cotton exports

New Delhi:The Centre has decided to allow more cotton exports after a meeting of senior ministers today.

The government will allow more cotton exports, Commerce Minister Anand Sharma was quoted as saying by PTI.

Several MPs from Gujarat including Mr Ahmed Patel, Political Secretary to UPA Chairperson, Ms Sonia Gandhi, and state Pradesh Congress chief, Arjun Modhwadia, recently met Prime Minister Manmohan Singh, Finance Minister Pranab Mukherjee, and the Commerce Minister Anand Sharma, and sought the removal of restrictions on cotton exports.

 Govt will allow more cotton exportsAfter Mukherjee and Sharma review the stock position with the Agriculture Minister Sharad Pawar, as per the estimates given by the Cotton Advisory Board, about 20 lakh bales more may be allowed for export in the current marketing season (October-September), the sources said.

Of about 115 lakh bales registered so far this season, the country has exported 106 lakh bales.

Cotton exports have become a political issue as restriction on them is being opposed by several Chief Ministers and MPs from the Opposition as well as the Congress Party, who say that the move is anti-farmers.

Besides, the Gujarat Chief Minister, Mr Narendra Modi, has been protesting against the export curb.

with inputs from PTI

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Updated Date: Dec 20, 2014 09:54:19 IST

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