The Government has allowed fresh exports of cotton. It has also announced that a ban on suspension of new registrations be revoked. This was decided in the Group of Ministers, GoM, meeting which reviewed the cotton exports situation in New Delhi today.The GoM chaired by the Finance Minister Pranab Mukherjee considered the estimates of the cotton advisory board and the 3rd estimates of the Ministry of Agriculture. The meeting was attended by Agriculture minister Sharad Pawar, Commerce and Textiles minister Anand Sharma and Chairman of the Prime Minister's Economic Advisory Council C Rangarajan. Talking to reporters outside Parliament after the meeting, Anand Sharma said, that the government has removed the suspension of registration of cotton exports.AIR correspondent reports the Cotton Corporation of India has been mandated to build a buffer stock of 10 lac bales to meet any exigency during the months of June, July and August 2012. The GoM would review the situation of the in two to three weeks times.