No further registration for cotton exports

The Centre, on Monday, decided not to permit further cotton export during the current marketing year, even as pressure is mounting from Gujarat to allow fresh registrations.

“Until further order, there won't be fresh registration,” Commerce, Industry and Textiles Minister Anand Sharma told reporters after meeting of the Group of Ministers.

He said that about 2-2.5 million bales of cotton, which were already registered for exports, would be allowed but only after scrutiny and revalidation.

The marketing year runs from October to September. One bale contains 170 kg of cotton.

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