ANI
14 Feb 2026, 14:02 GMT+10
New Delhi [India], February 14 (ANI): In response to Rahul Gandhi's recent video raising questions about the India-US interim trade deal, Union Minister Giriraj Singh accused the Congress MP of 'spreading misinformation' and not understanding the facts.
In an 'X' post while replying to Rahul Gandhi, Singh explained that India could not have secured a more balanced and better trade arrangement, asserting that the trade deal is designedholistically to support industry growth while safeguarding the interests of Indian farmers.
'Rahul Gandhi as usual, is spreading misinformation without understanding the facts. The reality is that India has secured a much better and more balanced trade arrangement with the US compared to many of our competing countries -- a deal designed holistically to support industry growth while safeguarding the interests of our farmers. India's cotton export story is stronger and more diversified than ever,' Singh wrote on 'X'.
The Union Minister highlighted that, at present, India's textile exports are not limited to a single country and have grown in more than 100 nations. He also asserted that with continuous Foreign Trade Agreements with countries including EU, UK, New Zealand, Oman and other strategic partners, new opportunities are opening up for Indian exporters across multiple geographies.
'Also, We are not dependent on just one market. Today, India's textiles export has registered growth in more than 100+ countries, reflecting resilience, competitiveness, and global trust in our textile value chain. With continuous progress on FTAs with the EU, UK, New Zealand, Oman and other strategic partners, new opportunities are opening up for our exporters across multiple geographies,' Singh said.
He also explained that the market access expansion would diversify risk, improve price realisation, and drive stronger long-term growth for farmers, ginners, spinners, and textile manufacturers. The Union Minister added that under PM Modi's leadership, India has expanded free-trade textile access to more than 58 new markets, with export potential of USD 470 billion for our exporters, along with strong access to the USD 120 billion US textiles market, thereby strengthening our global trade footprint.
'Market access expansion means risk diversification, better price realisation, and stronger long-term growth for farmers, ginners, spinners, and textile manufacturers. While some focus on a single-market narrative, the bigger picture is clear -- under the leadership of PM Narendra Modi, India has expanded free trade textiles access to more than 58 new markets with export potential of $470 billion for our exporters along with strong access to $120 billion US textiles market, strengthening our global trade footprint,' Giriraj wrote on 'X'.
Congress MP Rahul Gandhi on Saturday accused Prime Minister Narendra Modi and his government of misleading the country over tariff provisions in the India-US interim trade agreement, alleging that the deal would adversely impact India's cotton farmers and textile exporters.
Gandhi said that while Indian garments face an 18 per cent tariff in the United States, Bangladesh is being given a zero per cent tariff benefit on garment exports on the condition that it imports American cotton.
Questioning the policy framework, he alleged that importing American cotton would harm domestic farmers, while not importing it would harm the textile industry.
He further claimed that Bangladesh was signalling a possible reduction or halt in cotton imports from India, which, he said, could worsen the situation for Indian producers. (ANI)
Get a daily dose of Myanmar Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Myanmar Sun.
More InformationMOSCOW, Russia: As Russia grapples with a deepening labour shortage worsened by its war in Ukraine, employers are increasingly recruiting...
DUBAI, U.A.E: An Indian teacher and activist who has created hundreds of learning centers and painted educational murals across the...
ISLAMABAD, Pakistan: Thirty-one people were killed and 169 others wounded in a suicide bombing attack on a Shiite mosque on the outskirts...
New Delhi [India], February 14 (ANI): In response to Rahul Gandhi's recent video raising questions about the India-US interim trade...
New Delhi [India], February 14 (ANI): BJP MP Nishikant Dubey on Saturday challenged Congress MP and Leader of Opposition in the Lok...
Dubai [UAE], February 14 (ANI): Former England cricketer Moeen Ali hailed India's T20I captain Suryakumar Yadav, ace pacer Jasprit...
UNITED NATIONS: The United Nations said on February 9 that it was waiting to see how much and when U.S. President Donald Trump would...
MEXICO CITY, Mexico: Mexican authorities said on February 9 that bodies of five of the 10 workers kidnapped from a mine operated by...
WASHINGTON, D.C.: Ghislaine Maxwell, the former girlfriend of Jeffrey Epstein, invoked her Fifth Amendment rights when House lawmakers...
VANCOUVER, British Columbia, Canada - The death toll in Tuesday afternoon's deadly high school shooting in Canada has been revised...
LONDON, U.K.: People who turn to artificial intelligence for medical advice may not be making better health decisions than those who...
LONDON/TORONTO/FRANKFURT: Jeffrey Epstein's partner Ghislaine Maxwell opened accounts with Swiss wealth giant UBS that helped her manage...
