Duty Cut Proposal On Raw Cotton Faces Hurdle Amid Inter-Ministerial Concerns
India’s proposal to reduce or temporarily remove import duties on raw cotton is facing resistance, as differences emerge between the Ministry of Textiles India and the Ministry of Agriculture and Farmers Welfare over its potential impact on domestic stakeholders. The move, initiated by the Textile Ministry, aims to ease input cost pressures on garment exporters who are currently grappling...
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