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

Permit System for Cotton Movement

Permit System for Cotton Movement Nishtar FOREIGN Trade Minister Mishra's nine-point plan has not had even the slightest effect on the cotton market so far. The Indian Cotton Mills' Federation's call to mills to conserve cotton as much as possible through judicious use of existing stocks and without making fresh purchases has also gone unheeded. Scramble for cotton continues and prices have risen further by Rs 100 to Rs 150 a candy. That the market should have completely ignored the nine-point plan is more an indication of its lack of faith in the Government's ability to implement the plan than of the adequacy or otherwise of the measures proposed to deal with the situation.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top