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India'S Chief Minister Asked For Control Of India'S Export Of Cotton.

2010/11/25 10:21:00 50

India Exports Cotton

  

The chief minister, Buddadeb Bhattacharjee, wrote to prime minister Singer of India (Manmohan Singh), who asked for control of India's cotton exports. He said that in order to meet domestic demand,

Textile industry

and

Handloom industry

Millions of job opportunities must control cotton exports.


The letter dated November 16th, from India's textile industry.

National strike

Only a few days earlier.

He said that in the past year, cotton prices in India have not risen normally.

The average price of cotton has been raised from 21000 rupees to 45000 rupees / candy.


The rise in cotton prices is due to a sharp decline in cotton production in major cotton producing countries.

He said cotton production in Pakistan and China has been reduced.


In November 19th, the knitting industry conducted a symbolic strike against the government's policy. They said that the government's export policies hurt the interests of the industry and ordinary workers.


K.B. Agarwala, chairman of the Federation of India socks manufacturers association, said they will make the next move based on negotiations with government officials.


The Federation of India knitwear manufacturers association (FOHMA) called for an immediate cessation of cotton exports and the construction of buffer stocks.


Some people say that the government's improper policy has led to a 75% increase in cotton prices in the past year.

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