Centre's cotton export policies biased: Gujarat agriculture minister

Gujarat agriculture minister Dilip Sanghani today said that fall in the cotton prices was due to "anti farmer" export policies of the Central government.
       
"The union textile ministry is trying to protect the textile lobby of south India by banning the export of cotton, which has resulted into the present crisis, including falling prices thus gripping the cotton farmers of the state," Sanghani said.
       
There is an urgent need for raising the cotton export quota from the state, he said. "The prices of cotton have plummeted to below Rs4,200 a quintal during the last fortnight from a high of Rs7,200. The situation can be salvaged by hiking the export quota to 15 million cotton bales from the existing 5.5 million," Sanghani said.
       
He pointed out that the export restrictions be lifted in the wake of good demand for cotton in the global markets which the country exploit and the farmers can pare with the losses they have made in the past one decade.
       
Floods have hit cotton crops in China and Pakistan. It is a rare chance for the country to export cotton at very good prices, the minister said.
       
Chief minister Narendra Modi yesterday wrote a letter to prime minister Manmohan Singh demanding lifting of the curbs on cotton exports.