Spinning disaster

Close on the heels of recent needless interventions and rollbacks on cotton exports, from which exporters and farmers are yet to fully recover, the government has now come out with a draft cotton trade regulation Bill to further hassle the sector. The Cotton Trade (Development and Regulation) Bill, 2012, circulated by the ministry of textiles, seeks to make it mandatory for all players in the cotton industry, including ginners, pressers, traders and yarn makers, to register with the textile commissioner or face imprisonment or fine.

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