Chennai, Aug. 29 -- Tamil Nadu BJP President Nainar Nagendran has welcomed the extension of India's cotton import duty exemption till December 31.

"I extend my heartfelt thanks to Prime Minister Narendra Modi. This ensures affordable raw material for the textile industry and provides major relief to exporters through sustained tax rebates," he said.

Tamil Nadu BJP chief also stated that the INDIA bloc leaders are spreading panic among cotton farmers and deliberately "underestimating India's efforts to shield the sector from global disruptions".

"Rather than politicising every challenge, it is time to recognise that India's cotton-textile ecosystem today is far more resilient - because it integrates farm security with global competitive...