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India Waives Cotton Import Duty UPSC

The Indian government has recently suspended the 11% import duty on cotton until September 30, 2025, aiming to stabilize domestic prices, lower input costs, and boost textile exports. This measure, announced by the Central Board of Indirect Taxes and Customs, is expected to have significant implications for India’s textile sector, global competitiveness, and broader economic goals.

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India Waives Cotton Import Duty - IAS EXAM

The Indian government has recently suspended the 11% import duty on cotton until September 30, 2025, aiming to stabilize domestic prices, lower input costs,