Gandhinagar The state government on Wednesday announced its new Textile Industry Promotion Policy, 2012, which offers a slew of incentives for cotton growers as well as textile mills in the state.

“The objective of the new policy is to safeguard the interests of cotton farmers, better price realisation in national and international markets and value addition in the entire chain. It is also to protect the cotton-growers of Gujarat from the present Congress-ruled UPA government’s anti-farmer and anti-export policies, Minister of State (MOS) for Industry and Mines and state government Spokesperson Saurabh Patel said while announcing the policy.