Are Cotton Prices Too Low

Are Cotton Prices Too Low ?
Nishtar COMMERCE Minister Dinesh Singh must have been pleased to learn of the substantial fall in cotton prices from the delegation of 15 MPs led by Manubhai N Amersey, vice-president of the East India Cotton Association. The delegation had met him to voice concern over the fall in prices and seek official support, but the Minister has been known to be anxious that cotton prices should come down so that the textile industry's plea for upward revision of realisation multipliers for controlled varieties of cloth is blunted. What kind of a welcome the delegation had from the Commerce Minister is not known, but it could not have been very sympathetic.