''Maran''s cotton export policy resulted in losses to farmers''http://news.in.msn.com/business/article.aspx?cp-documentid=5275029
Nagpur, Jul 8 (PTI) An association of cotton farmers has accused former textiles minister Dayanidhi Maran of pursuing a wrong policy of clamping a ban on cotton exports that has hurt farmers.
The present cotton crisis in the country is a result of wrong policies enforced by the former textile minister to protect the interests of handful textile mill owners. It has denied best available price of cotton to farmers and resulted in losses of an estimated Rs 20,000 crore to farmers and local ginners and traders, Kishore Tiwari, president of Vidharbha Janandolan Samiti, said.
A complete ban on export from January to May this year has forced them to offload the cotton or cotton bales at half the price which was prevailing till March this year, he added.
Tiwari said if the Centre fails to take action on this, he would approach the Bombay High Court for relief.