The freeing of sugar and cotton exports by the Union government may not benefit producers and farmers this year. The decision has been made too late.
A different factor operates in the case of the cotton market. One of the big consumers of Indian cotton is China. Traders from that country are showing reluctance to buy Indian cotton due to uncertainties associated with exports.
While no malfeasance should be read into the manner in which the decisions on the subject were delayed, a better sense of timing would have helped the country’s farmers and producers get better returns in markets abroad.
