Indian Federal Textile Minister Marang said on November 22, 2010 that the price of cotton will stabilize on December 15. He urged the spinning industry not to drill into the loopholes of the current situation and create "unfair problems." He said: "I tell you that there are some problems in the textile sector."

The basic problem is the shortage of raw materials, that is, cotton.

Malang revealed to the media that the government has made certain decisions and he hopes that the situation will ease in the next few weeks.

He said: "We hope to stabilize the price of cotton on December 15." Earlier, Ma Lang asked industry groups not to use the current situation because the price of cotton has gradually stabilized.

He said: "Before cotton yarn prices stabilize, I urge you not to take advantage of the loopholes and not create inappropriate problems for weavers in the current situation. The government is very concerned about weaving companies.

He said that the Ministry of Textile's Technology Update Program (TUFS) aims to help small businesses. He said that by the end of the year, the government cabinet will make clear a proposal that will meet the requirements of the industry.

The government's proposal aims to introduce the most advanced technology for small businesses. Existing companies, whether or not they have expanded, and new companies are eligible to participate in TUFS. Ma Lang formally launched the “Comprehensive Textile Park Plan” roadshow. Under this plan, public and private enterprises formed a partnership.

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