Now, Anand Sharma defends cotton export ban

Now, Anand Sharma defends cotton export ban

FP Archives December 20, 2014, 06:53:57 IST

Anand Sharma defended cotton exports ban, said he will personally speak to Agriculture Minister Sharad Pawar to explain the issue.

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Now, Anand Sharma defends cotton export ban

Commerce Minister Anand Sharma today defended the government’s decision to ban cotton exports and said he will personally speak to Agriculture Minister Sharad Pawar to explain the issue.

Pawar had yesterday raised strong objection to cotton export ban and said that he was kept in dark on the issue.

“We could not countenance a situation where the country which is a major cotton producer is forced to import at much higher prices to meet the domestic demand of the industry. That is why, it was a judicious and considered view taken,” Sharma, who is here for a two-day visit, told reporters.

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Sharma, who also has textiles portfolio, said he was not able to contact Pawar, who was traveling abroad, but had directed the Textiles and Commerce Secretaries to brief the Agriculture Minister about the ban.

“I had left a note on Saturday night for Mr Pawar since I was not successful to speak to him over the phone. We are one government, we all are ministers in the same government,” he said adding that Finance Minister Pranab Mukherjee, who heads group of ministers, has been fully apprised of.

Sharma said “the GoM will meet soon upon my return. I will be speaking to the Agriculture Minister in person…The Prime Minister has been kept fully informed of all these developments”.

However, sources told CNBC TV 18 that in the GoM meeting the ban on cotton exports will be lifted altogether.

Watch full report:

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