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Farmer want no cap on Cotton export

Written By Views maker on May 15, 2011 | 5/15/2011

A delegation of Farmers from Maharashtra will be meeting Mrs.Sonia Rajiv Gandhi on May 20, during the meeting the farmers are expected to demand lifting of cotton export ban. The farmer believe that export of cotton could get a better price for cotton. The farmer allege  Mr.Maran, union textile minster for the sudden fall of cotton prices, further added that he devised a suitable export policy for the benefit of the south Indian textile units. The farmers have said that if demands are not adequately met, they would launch a protest against the government

In case of any protest from the farmer, the government will certainly be in a pressure to lift the ban or cap on the cotton exports, if export policy not framed with care will lead to another demand and supply mismatch in the domestic market ultimately leading to a yarn price hike.