GOVERNMENT OF INDIA

MINISTRY OF TETILES

LOK SABHA

UNSTARREDQUESTION NO: 182

ANSWERED ON: 18.11.2010

RISE IN COTTON PRICE 

(a) whether it is a fact that tetileweaving industry is facing economic crisis due to increase in cotton price in the country; 

(b) if so, the reaction of the Government thereto and the steps taen in this regard; and 

(c) the uantum of cotton produced in country during the last three years, till date, year-wise? 

ANSWER

MINISTER OF STATE IN THE MINISTRY OF TETILES (SMT. PANABAAKA LAKSHMI)   

(a): Ministry of Tetiles has received representations from industry associations on viability of downstream industry due to disorderly increases in cotton and yarn prices.

   (b): Government of India has put in place the following policy measures for cotton security in 201011 cotton season:- 

 i) Registration of cotton eport contracts would commence from 01-10-2010. 

ii) Actual eports would commence from 01-11-2010. 

iii) The eportable surplus is identified as  lah bales 

iv) There would be no registration after the eportable surplus is registered. 

 (c): Cotton production during the last three years including the current year is as under:-