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Indian textile industry pushes for cheaper raw materials, duty removal, and price stabilization ahead of 2025-26 budget.
The Indian textile industry has submitted demands ahead of the 2025-26 budget, seeking raw materials at competitive prices, removal of import duties on cotton, and a price stabilization fund to address volatility.
The industry argues that current Quality Control Orders act as barriers, causing shortages and increasing domestic prices.
They also propose purchasing cotton at the Minimum Support Price through a Direct Benefit Transfer to support farmers and stabilize prices.
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La industria textil india presiona por materias primas más baratas, eliminación de impuestos y estabilización de precios antes del presupuesto de 2025-26.