ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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WEST BENGAL- The Jotedars Coup

Indian tea exports. Ceylon is our major competitor and its share of he British market has been in- Teasing, Ceylon's devaluation will hurt India's tea exports not only co UK but to other regions of the world as well. So immediate reduction of the export duty on tea is essential to maintain our competitive position. In the case of cotton textiles, after Hong Kong's somersault, India has no reason to feel concerned about its relative position in the UK, In fact, UK's devaluation will assist Indian exports by improving UK's own reexport trade. Jute goods exports to UK are relatively small and have been declining; the withdrawal of the export duty on raw jute by Pakistan may have a marginal effect on Indian mills' competitive position in the UK market.

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