-The Hindu Even as the Director-General of Foreign Trade issued a fresh notification lifting the ban on cotton Exports, the government is set to launch a probe into the “self consignments,” mostly to China, and scrutinise the Export receipt certificates (ERCs) to get to the root of the sudden spurt that caught it unawares. Though the government had registered 130 lakh bales for Exports, it was only last week that the alarm...
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The time is not ripe
-The Hindustan Times The UPA’s record of policy flip-flops endures. The latest instance is a ban on Exports of cotton that seems headed for revocation less than a week after it was announced. The commerce ministry’s line that India has Exported more cotton this season than it can afford to without hurting consumption at home does not wash with partners of the ruling alliance or with the political bosses of cotton...
More »Cotton Export ban goes-Sujay Mehdudia
Notification today; GoM will work out riders Allies of the ruling United Progressive Alliance have again forced the Manmohan Singh government to take a step back, this time over the ban on cotton Exports. The government has now announced that a new notification revoking the ban imposed on March 5 will be issued on Monday, in what is considered a victory for Agriculture Minister Sharad Pawar, who stoutly opposed the decision, along...
More »Government blinks, cotton Export ban to go today
-The Economic Times The government has decided to lift the ban on cotton Exports from Monday, just a week after imposing it, buckling under pressure from farmers, traders and politicians. "Keeping in view the facts, the interests of farmers, industry and trade, a balanced view has been considered by the group of ministers to roll back the ban and a formal order will be made public on Monday by the government," Commerce...
More »Economic growth and food security depend on healthy farm sector, whose pillar, the farmer, is still neglected by Ajay S Shriram
In India, agriculture and allied sector is the source of income for over 60% of rural population and its contribution to GDP has been consistently coming down and currently stands at 14.3%. For the Indian economy to grow at the rate of 8-9%, the growth rate of agriculture sector has to be more than 4%. The critical role of agriculture in the economy highlights the need for a larger investment in...
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