India's Chief Minister Calls for Control of Cotton Exports

Chief Minister Buddadeb Bhattacharjee sent a letter to Manmohan Singh, the Indian Prime Minister, demanding control of India’s cotton exports. He said that in order to meet domestic demand and protect the millions of jobs in the textile industry and hand-held looms industry, it is necessary to control cotton exports.

The date of the letter is November 16. It is only a few days before the national textile industry in India. He said that in the past year, Indian cotton prices have risen non-normally. The average price of cotton was mentioned from Rs 21,000 to Rs 45,000/candy.

The reason for the increase in cotton prices is a sharp drop in production in major cotton producing countries. He said that the production of cotton in Pakistan and China has decreased.

The knitting industry carried out a symbolic ** on November 19 against government-developed policies. They said that the government's export policy has damaged the interests of the industry and ordinary workers.

Indian Hosiery Manufacturers Association Federation. B. Agarwala said that they will determine the next move based on negotiations with government officials.

The Federation of Indian Knitwear Manufacturers Association (FOHMA) called for an immediate halt to cotton exports and construction of a buffer stock.

Some people say that the improper policies of the government led to a 75% increase in the price of cotton in the past year.