{"id":8154,"date":"2019-12-14T05:45:22","date_gmt":"2019-12-14T00:15:22","guid":{"rendered":"http:\/\/udaen.info\/?p=8154"},"modified":"2019-12-14T05:45:22","modified_gmt":"2019-12-14T00:15:22","slug":"expansion-of-export-of-cotton","status":"publish","type":"post","link":"https:\/\/udaen.info\/?p=8154","title":{"rendered":"Expansion of Export of Cotton"},"content":{"rendered":"<p>Expansion of Export of Cotton<\/p>\n<p>The detail of cotton production during the last three cotton years from 2016-17 to 2018-19 is as under:<\/p>\n<p>&nbsp;<\/p>\n<p>(Quantity in lakh bales of 170 kgs each)<\/p>\n<table>\n<tbody>\n<tr>\n<td>Cotton Year<\/p>\n<p>(October \u2013 September)<\/td>\n<td>2016-17<\/td>\n<td>2017-18<\/td>\n<td>2018-19<\/p>\n<p>(Provisional)<\/td>\n<\/tr>\n<tr>\n<td>Cotton production<\/td>\n<td>345<\/td>\n<td>370<\/td>\n<td>330<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: Cotton Advisory Board (CAB)<\/p>\n<p>&nbsp;<\/p>\n<p>There is<strong>\u00a0<\/strong>no target fixed for export of cotton. However, the detail of export of cotton, as assessed by Cotton Advisory Board, is as under:<\/p>\n<p>&nbsp;<\/p>\n<p>(Quantity in lakh bales of 170 kgs each)<\/p>\n<table>\n<tbody>\n<tr>\n<td>Cotton Year<\/p>\n<p>(October \u2013 September)<\/td>\n<td>2016-17<\/td>\n<td>2017-18<\/td>\n<td>2018-19<\/p>\n<p>(Provisional)<\/td>\n<\/tr>\n<tr>\n<td>Cotton Export<\/td>\n<td>58.21<\/td>\n<td>67.59<\/td>\n<td>44.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>To promote exports of textile products including cotton, Government announced a Special Package for garments and made-ups sectors.\u00a0 The package offers Rebate of State Levies (RoSL), labour law reforms, additional incentives under Amended Technology Upgradation Fund Scheme (ATUFS) and relaxation of Section 80JJAA of Income Tax Act.\u00a0 The RoSL scheme has been replaced by the new RoSCTL (Rebate of State and Central Taxes and Levies) scheme from 7<sup>th<\/sup>\u00a0March 2019.\u00a0 Assistance is also provided to exporters under Market Access Initiative (MAI) scheme.\u00a0 Government has enhanced interest equalization rate for pre and post shipment credit for exports done by MSMEs of textile sector from 3% to 5% from 02.11.2018.\u00a0 Benefits of Interest Equalization Scheme has been extended to merchant exporters from 02.01.2019 which was earlier limited to only manufacturer exporters.<\/p>\n<p>This information was given by the Union Minister of Textiles, Smriti Zubin Irani, in written reply in the Lok Sabha<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Expansion of Export of Cotton The detail of cotton production during the last three cotton years from 2016-17 to 2018-19 is as under: &nbsp; (Quantity in lakh bales of 170 kgs each) Cotton Year (October \u2013 September) 2016-17 2017-18 2018-19 (Provisional) Cotton production 345 370 330 Source: Cotton Advisory Board (CAB) &nbsp; There is\u00a0no target [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[21,46],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/8154"}],"collection":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8154"}],"version-history":[{"count":1,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/8154\/revisions"}],"predecessor-version":[{"id":8155,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/8154\/revisions\/8155"}],"wp:attachment":[{"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}