Textile Ministry of India is planning to set up a ‘Cotton Price Stabilization Fund’ which is to help cotton farmers and exporters to overcome price fluctuations or when cotton output goes down in the country. In an surplus year, when exports happen – a percentage of export price difference will be collected for the fund. However, the project is yet to receive CCEA approval. In 2012-2013, the cotton exports were 81 lakh bales.
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