will lift a controversial ban on cotton exports just a week after imposing it, after China, the biggest importer of Indian cotton, lodged a formal protest and Indian farmers voiced their concerns.
Government ministers had taken into account the interests of farmers and trade in deciding to lift the ban, a statement quoting Trade Minister Anand Sharma said on Sunday. “A formal order will be made public tomorrow by the Government” he added.
And Nayan Mirani, vice-president of the Cotton Association of India, which represents exporters and traders, was quoted by the BBC saying: “We must realise that we are a cotton surplus country and our surplus needs to be exported. “