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Bicycle Industry-Turning Fashionable
December 27, 1986 for 1986-87 and enable it to reward the cotton growers in the state with a handsome bonus. Since currently export of cotton is highly profitable there is a sound case for earmarking the entire export quota for the state agencies which had to incur huge losses last season under price support operations. Mirdha did well to reiterate in Calcutta on December 23 that the government was against frequent changes of policy with regard to cotton export and that it would not hesitate to import cotton to make good the shortage in supply to domestic consumers if the situation warranted such action. There was no question of backing out of the long- term commitment to allow export of three lakh bales a year over the three years 1986-87