Saturday, September 11, 2010

CPI (M) opposes cotton export

The Communist Party of India (Marxist) Karur district committee has urged the Central Government not to allow unrestricted export of cotton stating that such a measure would affect the fortunes of the textile manufacturing industry that provides employment to thousands of skilled, unskilled and semi-skilled labourers.

A resolution to that effect was passed at the party district executive committee meeting here recently. Party district secretary G. Rathinavelu said that the textile sector was suffering immensely due to the misplaced policies of the Central government. Yarn prices have been going up steadily and every possible step to bring down the price should be taken immediately.

It was in these circumstances that The Central government has come up with a plan to resume banned cotton export and that has upset the textile industry a lot. The cotton year starts from October 1and lasts till September 30. The best quality cotton arrives at the head of the season and if exports were to be allowed then the best quality would be exported to competing countries depriving our textile industry of precious raw material.

Expecting price rise in the cotton yarn sector, there has been a forced and artificial scarcity of yarn . Hence the Centre should take steps to ensure availability of enough quantity of cotton for the local textile units by banning cotton exports altogether and reining in the price of yarn, a resolution demanded.

Through another resolution the party called upon the district police administration to take immediate steps to curb the incidents of crimes especially in the bus stand area. Anti-social activities including organizing kangaroo courts, usury and money collection from small roadside traders terrorizing the public and others should be put to an end.

The district administration and the district police should take immediate steps to curb the menace, Mr. Rathinavelu observed.

Those who participated included State Executive member K. Thangavel, party district unit office-bearers G. Balachandran, P. Ilakkuvan, J. Annakamatchi, K. Sakthivel and M. Jyothi Basu also spoke.

(Courtesy : The Hindu)

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