MINISTER OF STATE IN THE MINISTRY OF TEXTILES(SMT. PANABAAKA LAKSHMI)
(a): Government does not set targets for export of cotton.Cotton export mainly depends upon the
prices of Indian cotton vis-Ã -vis international prices. However, details of cotton exported from
the country during last three years are as under:-
Cotton Year Export quantity Value
(Oct-Sept) (in lakh bales of 170 kg each) (in Rs. crore)
2005-06 47.00 3951.35
2006-07 58.00 5267.08
2007-08 85.00 8365.98
2008-09 50.00 N.A.
Estimated
Source: for quantity Cotton Advisory Board (CAB). Value approx. as per DGCIS, Kolkata
(b): During the current year 2008-09, as is evident, cotton export has decreased due to
disparity in Domestic prices of cotton as compared to International prices and reduction in cotton
consumption due to global economic slow down.
(c) & (d): Currently, there is no policy to boost the export of cotton. However, duty free
scrip under Vishesh Krishi & Gram Udyog Yojna (VKGUY) @ 5% on FOB value of export of raw cotton
was, in force, from 1st April 2008 to 30th June 2009. The incentive was provided to abridge the
differential between domestic availability of cotton with that of International market.
(e): The Scheme provides for refund to such exporters till 1st April 2011. Accordingly, full
list could be available thereafter.
