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Press Information Bureau
Government of India
Ministry of Commerce & Industry
02-May-2012 16:06 IST
Stringent Rules of Revalidation for Cotton Export
Vidarbha Jan Andolan Samithi through several e-mails have protested against the introduction of BT cotton and have also requested to allow export of cotton. The situation is under constant watch and appropriate action would be taken keeping in view the various factors such as production, availability of cotton in the domestic market, the price situation and various national and international commitments etc. The ban imposed on export of cotton on 05.03.2012 was subsequently revoked by the Government on 12.03.2012.
This information was given by Shri Jyotiraditya M. Scindia, Minister of State for Commerce, Industry and in written reply to a question in Rajya Sabha today.
DS/GK
Export controls for cotton tightened, with revocation permitted after assessment of supply, domestic availability and commitments. Export controls for cotton were tightened with revalidation rules based on ongoing assessment of production, domestic availability, price trends and national and international commitments; public protests regarding Bt cotton and requests to permit exports were considered. An early March export prohibition was subsequently revoked, demonstrating that export restrictions are conditional and reversible through executive assessment of the stated factors.Press 'Enter' after typing page number.