Monday, 12 March 2012

Rollback of Cotton Export Ban is Eye Wash –VJAS.


Rollback of Cotton Export Ban is Eye Wash –VJAS.

Nagpur -March 12, 2012
DGFT Notification No. 106 (RE-2010)/2009-14, Dated 12th March, 2012 issued today has disappointed exporters, traders and cotton farmers and hidden restrictions in roll back order has turned out to be fresh export ban to purchases and trades hereinafter as it is clearly says that issue of new RCs stands suspended until further orders and in respect of those RCs, that were valid as on 05.03.2012 and for which LEOs are yet to be issued & exports completed. All RCs would need to be submitted to DGFT for scrutiny and revalidation. Exports can be affected only after RCs are revalidated hence now getting extension to existing contracts will give scope further exploitation and corruption in DGFT  that has deepen sentiments of market and bales which were traded @Rs.34,000 above has returned to @RS.32,400 level resulting there is no change in the local market were farmers are surprised see @ Rs.3400 per quintal as against international rates  of @Rs.45,000/- hence roll back on cotton export ban is nothing but the eyewash hence we demand blanket lifting of export ban under free export of raw cotton under OGL that can save dying debt trapped 7 million farmers of  India, informed farm activist Kishore Tiwari   of Vidarbha Jan Andolan Samiti VJAS,.
Yesterday joyous Vidarbha 3 million cotton farmers who are facing crop losses and are committing suicides @ 3 farmers  a day since 2005 welcomed  Union commerce and industry minister Anand Sharma announcement that the government has decided to withdraw the ban on the export of cotton from India but today notification has brought gloom as Babus in commerce ministry , managed keep the restriction as it is and ministers in UPA managed to mislead the media and innocent farmers this is highly immoral and illegal hence we urged PM to review notification and bring back pre-export ban conditions so that cotton export is protected so as interest of farmers ,traders and exporters are protected ,Tiwari added.
‘If UPA Govt. has problem with growth of cotton export they want to protect textile cartel then they should buy cotton@ international rates with his agencies like NAFED and CCI. ,protecting  the innocent dying cotton farmers’ who are forced to sale cotton at throw price to local dealers who are subjected to market forces and volatile export policies of UPA Govt. most of the time managed by handful people hence PM should intervene ’Tiwari urged.
“when Indian domestic demand is just 20 million bales as against national production of 33 million bales there is no reason put restrictions when interest of domestic textile mills are fully protected .the decision to ban Indian cotton export is another example rampant corruption going on in UPA Govt. there is big names involved in the sudden export ban will expose the all misdeeds of commerce ministry hence for the first time farmers suicide issue has given focus of wrong policies of state ,we will see that the truth is prevailed”  Tiwari added.
 “India, one of the largest exporters of Cotton in the world, had left alarm bells ringing across the World and cotton cultivated in more than 124 lakhs hectors and more than 7 million cotton growers are involved and this main cash crop of India but  cartel which monopolies the garment export is managing commerce ministry to impose such ban since 2010 even India singed WTO has already lifted quantitative  restriction on import-export and corrupt Babus with undue protect from concern minister are involved in such unjust ,untimely ,ill motivated decision hence to avoid it’s reoccurrence  cotton export ban decision needs CBI probe and PM should arrange to sack his commerce minister  as facts  added by GOM and protest from Agriculture Minister Sharad Pawar and chief ministers of Mahatshtra, Gujrat,AP and  all political parties UPA and NDA hence only lifting ban is not sufficient and accumulated losses of cotton growers traders must be compensated by Govt. without delay” Tiwari urged .
Last month cotton was traded above @Rs.4200/- quintal but the fear of export ban brought down @Rs.3700 quintal till 3rd march but news of export ban on 5th march has crashed the Indian cotton prices and at Adilabad in AP and Ghatanji farmer sold the cotton @Rs.2500/- per quintal before traders started the agitation to boycott the cotton traders in most cotton markets in Maharashtra but real impact has been the restarting farm suicide spiral in vidarbha as more than 30% cotton is till lying with farmers and other 30% are with local ginners and traders  hence conditional lifting of cotton export ban will have it’s severe impact as there is very little demand domestic market since October hence open free export of cotton is only solution , Tiwari added.

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