New Delhi: The ban on cotton exports is being lifted; a formal announcement will be made on Monday.
This comes after stiff opposition from not just farmers but also Gujarat Chief Minister Narendra Modi. In fact, several UPA leaders - including Agriculture minister Sharad Pawar were against the ban.
They had all accused the Commerce Minister of going ahead with the ban without proper consultations.
Modi on Sunday said the Congress-led UPA government has lost its "credibility" in the eye of world for banning cotton export and then rolling it back buckling under pressure from allies.
Speaking at a seminar organised by North Indians settled in Gujarat in Surat, Modi lashed out at the Centre saying it has lost trustworthiness.
"On the one hand there is Gujarat which is providing an atmosphere of peace, unity and credibility, and on the other there is the UPA government in the Center whose credibility has sunk to the bottom," Modi said.
"The recent example is that of the ban on export of cotton by the UPA government and then rolling it back following opposition from farmers," he said.
"Such dubious policies of the Union government has eroded its credibility at the international level. It has now become clear globally that the Central government in India can not be trusted," the chief minister said.
He further alleged that the UPA government was neck deep in corruption.
"Gujarat has blessings of crores of people of India. Those conspiring to defame Gujarat or stop its progress and development, beware, we have never bowed down to such forces nor will we do so in the future," Modi added.
With additional information from PTI