PCGA - Pakistan Cotton Ginner Association

Cotton Crop failure causes Rs. 200 Billion Loss

GMT 11:26 2016 Monday ,30 May

Sriyadithatextile - Cotton Crop failure causes Rs. 200 Billion Loss

Pakistan Ginning
Courtesy Google

Pakistan Cotton Ginners Association (PCGA) Chairman Nawab Shehzad Ali Khan has said that federal commerce minister Khurram Dastgir Khan has expressed serious concern over decline of 5,100,000 bales in cotton production during the current season, which caused loss of Rs200 billion to national kitty.

“The minister assured the delegation of PCGA that immediate and solid steps would be taken to control the situation as the country could not afford huge losses and cotton import due to limited resources,” the PCGA Chairman quoted the minister as saying.

The minister asked the ginners to work like a team to motivate the growers/farmers for cultivation of cotton on maximum area, he said. The minister said that the Ministry of Commerce would work in collaboration with the provincial governments to enhance the production of cotton in the country. The minister said the prime concern of the government is to ensure the interests of the farmers besides boosting the textile exports. He urged the representatives of PCGA to launch a campaign for educating farmers so that they could grow more cotton in a proper manner. It was decided that a meeting of all the stakeholders will be convened to prepare a holistic strategy to address the issues of cotton production, quality of cotton and its import mechanism.

Chairman of PCGA suggested that support price of Phutti (seed-cotton)) be fixed at Rs3,000 per 40 kg and it must be announced immediately to attract the growers. He said that national cotton policy was being delayed and sugar mills were being shifted to core cotton zone by the ruling party people. He said that all the three major political parties - PPP, PML-N and PTI - were violating the law regarding setting up sugar mills in the cotton zone. He said that Makhdoom Ahmed Mehmood of PPP, Jahangir Khan Tareen of PTI had established their sugar mills in restricted area while PML-N shifted Ramzan Sugar mills in Muzaffargarh district. Shehzad Ali Khan stressed the need to impose a complete ban on the import of cotton and its thread from India till the end of cotton season and disposal of bales lying in ginneries as unsold stock. He urged the government to announce a bailout package for the ginning industry, saying that conspiracies were underway to harm Pakistani agriculture.

Shahzad urged to government to launch a vigorous drive with motto “Sow the cotton; Save the Economy” and take urgent steps to achieve 20 million bales target. He asked the Chief Ministers of Sindh and Punjab to take personal interest to achieve targets.

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