Tag: Anand Sharma

Cotton Exports: Government may allow 20 Lakh bales

Cotton Exports 300x207 Cotton Exports: Government may allow 20 Lakh balesThe Cotton export, being a political issue due to having a full rejection from side of oppositional party members and Congress Party also, who says that the move is anti-farmers, the Centre is likely to plans for allowing more fresh cotton exports.

After the second-biggest producer banned over cotton fresh overseas sales last month, the government and top profile trade officials held a meeting on Monday and said 1.5-2 million bales of the fiber is expected to be allow for export in this year ending September 30. Read more

India will permit FDI from Pakistan

India Pakistan Trade 150x150 India will permit FDI from PakistanNeighboring nation, Pakistan and India are trying to tie up bilateral relations between them.

Earlier this month, Pakistan President Mr. Zardari visited here, made private discussion over several issues then and decided to have a meeting between both nations’ Financial Commerce Ministers.

Now for acting on their committing, India has took first move as offering helping hand to Pakistan by giving approval for foreign direct investment (FDI) from it. Read more

No fresh permit for cotton export: GOM

cotton2 150x150 No fresh permit for cotton export: GOMThere would be no new registration for cotton export until it receive forthcoming orders during current marketing year, a statement reviewed by GOM, following a strong criticism over the domestic supply-demand situation.

From last month, govt. decided to ban on cotton exports. But a huge protest had been made by traders as this would hamper the domestic supply of country.

Over the whole conspiracy, Gujarat chief minister Narendra Modi has come forward and forcing Center to disapproval permission of fresh registration. Read more

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