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Ban on Raw Cotton Export Lifted


The Indian government in April 2010 banned raw cotton exports to control and lower the fast rising cotton prices in the domestic market. Export duty was imposed on cotton exports and export of raw cotton was regulated.

Oct 13, 2010 10:57 IST


The Indian government in April 2010 banned raw cotton exports to control and lower the fast rising cotton prices in the domestic market. Export duty was imposed on cotton exports and export of raw cotton was regulated. Ban on exports was considered to be against the interests of the country's cotton growers. The government had on 21 May 2010 moved cotton exports from “free” to the “restricted” list, thereby making export possible only against a license. However, as a result of revolts from farmers and exporters, the Centre decided to lift the ban from 1 Oct 2010. During the 2008-09 season (October-September), 35.14 lakh bales of cotton worth Rs 3838.85 crore were exported in 2008-09. In the following cotton season (2009-10) 73.76 lakh bales had been exported by April.