Country’s
commerce ministry has called a meeting of officials of the agriculture,
commerce and textiles ministries Sep 1 to discuss cotton exports. ..India has decided to lift restrictions on cotton exports from Oct 1. ..The
textiles and agriculture ministries would be asked to submit the demand
and production figures respectively. The excess supply over demand will
be allowed to be exported without duty. ..Cotton production is
expected to go up slightly to 5.1 million tonne in 2010-11 as against
5.01 million tonne last year. The domestic demand is expected to touch
4.59 million tonne. ”
Date:9/1/2010
Source:adsaleata.com