The government today decided to allow further cotton exports, in 2011-12 marketing year ending September, as production estimates have been revised upwards. Commerce and Textiles Minister Anand Sharma told reporters in New Delhi after meeting Agriculture Minister Sharad Pawar that a decision has been taken to remove suspension of cotton exports registration and it will be allowed by the government.
Last month, the government had lifted the ban on exports, but decided not to issue fresh registration of certificates. Today's decision comes against the backdrop of Pawar writing to the Prime Minister objecting to the government's export policies towards certain farm items like cotton, sugar
and milk.
Mr. Sharma said there would not be any quantitative restrictions on registration for exports, but the group of ministers (GoM) would review the situation in two-three weeks.