ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Green Light for Merger

of selling prices for the imported cotton. While these will have to incorporate a return on the agency's total investment in capital and services, their major purpose should be to mop up the excess profits often earned by textile mills on sale of cloth manufactured wholly or partly using imported cotton. Without such an attempt at mopping up mills' excess profit, the proposed 'canalisation

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