{"id":13015,"date":"2022-01-03T19:54:43","date_gmt":"2022-01-03T14:24:43","guid":{"rendered":"https:\/\/tradebrains.in\/features\/tn-cotton-minister\/"},"modified":"2022-01-04T10:17:29","modified_gmt":"2022-01-04T04:47:29","slug":"tn-cotton-minister","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/tn-cotton-minister\/","title":{"rendered":"Middle-men, traders creating havoc by pushing up price of cotton: Exporters"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3135051888\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>       Coimbatore, Jan 3 (PTI): Seeking immediate intervention of Union Textile Minister Piyush Goyal to protect the knitwear garment sector, Tirupur Exporters&#8217; Association (TEA) Monday accused middle-men and traders of creating a havoc by jacking up the price of cotton lt during the cotton  arrival season.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1669684034\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>         In a letter to Goyal a copy of which was made available, the TEA said the 11 per cent total import duty existing on cotton has been the reason for the cartelisation of players to increase the domestic cotton prices and make an abnormal profit.<\/p>\n<p>       &#8220;Our apprehension is that the price hike of cotton does heavily impact the garment- exporting units and leads to loss of exports, including employment.  Moreover, the sustainability of the MSME garment units will also be doubtful,&#8221; TEA president Raja M Shanmugham said in the letter.<\/p>\n<p>      &#8220;Our main requisition is for removal of duty imposed on cotton immediately and also to protect the garment sector. Necessary steps have to be taken to break the cartelisation and also see the possibility of imposing ban on cotton exports,&#8221; he said adding that industry was looking up to the Minister&#8217;s attention and save the textile industry.<\/p><div class=\"trade-content_5\" id=\"trade-841079340\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>    Thanking the Minister for addressing the requirements of the textile industry one by one and the positive measures have helped the industry enhance the performance in terms of growth and exports, TEA said the industry always supported the cotton-producing farmers getting better price for their produce as that would encourage them to continue to raise the crop and take the right scientific techniques to increase productivity. PTI NVM NVG   NVG<\/p>\n<div class=\"trade-after-content\" id=\"trade-3578100311\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Coimbatore, Jan 3 (PTI): Seeking immediate intervention of Union Textile Minister Piyush Goyal to protect the knitwear garment sector, Tirupur Exporters&#8217; Association (TEA) Monday accused middle-men and traders of creating a havoc by jacking up the price of cotton lt during the cotton arrival season. In a letter to Goyal a copy of which was [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1698,1697,31],"tags":[],"class_list":["post-13015","post","type-post","status-publish","format-standard","hentry","category-commodities","category-economy","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Middle-men, traders creating havoc by pushing up price of cotton: Exporters - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/tn-cotton-minister\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Middle-men, traders creating havoc by pushing up price of cotton: Exporters\" \/>\n<meta property=\"og:description\" content=\"Coimbatore, Jan 3 (PTI): Seeking immediate intervention of Union Textile Minister Piyush Goyal to protect the knitwear garment sector, Tirupur Exporters&#8217; Association (TEA) Monday accused middle-men and traders of creating a havoc by jacking up the price of cotton lt during the cotton arrival season. 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