Former Delhi Chief Minister and Aam Aadmi Party (AAP) national convenor Arvind Kejriwal has targeted the Modi government on the issue of farmers. On Thursday (August 28), the CM claimed that the Modi government has removed the duty on the cotton (cotton) India from America. Earlier there was 11 percent duty.

Kejriwal said, “America put tariffs on us, we should have put 50 % tariff on cotton. But we did not do this. ”

He said in the press conference, “This is a deception of the farmers. When our farmers’ cotton will come to the market in October, then they will have to sell at a quarter to one price. Farmers of Gujarat, Punjab, Vidarbha, Telangana will be affected. ”

Trump is a coward man- Arvind Kejriwal

Arvind Kejriwal said, “If Trump put 145 percent tariff on China, China also imposed 125 percent tariff, Trump had to bow down. Mexico, Canada, European Union everywhere governments responded to Trump. Trump is a cowardly man who stood against Trump, Trump had to bow down in front of him. Modi ji remains a wet cat in front of Trump. Don’t know what are the compulsions. ”

He said, “Today our country is killing from side. On one side, Trump has imposed 50 percent tariff. Due to this our domestic industry is on the verge of closure. Because our export (export) stopped. On the other hand, PM Modi ended the tariff on the goods that came from America. America’s goods will be sold here. We should have put double tariffs. ”

The former Chief Minister said, “If Trump put 50 % tariff, we should put 100 percent tariff. Our population is so much that no one can tolerate our displeasure. Modi ji, why do you bow down? This is an issue of honor of India. You show courage, we are with you. ”

Ministry of Finance

The Finance Ministry said on Thursday (August 28), “To give more support to exporters, the Central Government has decided to extend the import duty exemption on cotton (HS5201) from 30 September 2025 to 31 December 2025.”

America’s decision applicable

US President Donald Trump’s decision to double the tariff on Indian goods to 50 percent came into force from Wednesday (August 27).

Cotton import duty: India has given exemption in import duty on cotton from 19 August to 30 September. This has brought relief to the country’s textile industry, which is already struggling with the rising prices of raw materials and challenges like American tariffs. People associated with this industry said that exemption will help in making this sector more competitive. In the order issued late on Monday night, a temporary exemption in customs duty was announced on cotton imports.

High tariff on shipment in America

America first imposed 25 percent tariff on India. After this, he also threatened to put an additional 25 percent tariff for the purchase of crude oil from Russia. At the same time, other Asian countries such as 20 percent on Bangladesh, 20 percent on Vietnam and 30 percent on China have been imposed on China, which is less than a huge tariff of 50 percent imposed on India.

This demand was placed in front of the government

Industries bodies like the Confederation of Indian Textile Industry (CITI) urged the government to withdraw the import duty on cotton. Before this exemption, there was 11 percent duty on the import of cotton. Now the officials associated with this industry are hopeful that the government will keep the import of cotton on duty free even after September.

Reuters had earlier reported in their report that some Indian expoters are looking for manufacturing options in other countries to avoid the impact of high tariffs. The country’s garment sector was already struggling with the reduction in labor and its limited production capacity. Now if the expoters start manufacturing in other countries, then it will be a challenge for the government’s ‘Make in India’ initiative.

This challenge came to India

India aims to increase textile exports to $ 100 billion by 2030. The problem of American tariff has come at a time when India is emerging as a strong option for clothing customers in America as Bangladesh is facing political uncertainty and companies are trying to diversify their supply chains beyond China.

Rose in shares

Here, after this news came, the shares of many companies like Arvind Limited and Page Industries saw a boom. Where Arvind Limited shares crossed 300 with a bounce of two and a half percent. At the same time, Page Industries shares reached 44965 with a gain of Rs 275.

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