Inclined Upward

August 24, 1968 the devastating floods in the southern region. This has already imparted marked strength to the market where prices have risen to new high levels for the season. The Indian Cotton Mills' Federation is reported to be busy making arrangements for the allocation of global cotton. Import quota for a little over three lakh bales is due to be announced shortly. Apparently, New Delhi has no intention of canalising imports through an official agency as suggested by the Agricultural Prices Commission.