BR100 Decreased By (-0.08%)
BR30 Increased By (0.08%)
KSE100 Decreased By (-0.11%)
KSE30 Decreased By (-0.2%)
AGHA 7.53 Decreased By ▼ -0.10 (-1.31%)
BECO 5.11 Decreased By ▼ -0.46 (-8.26%)
BML 58.30 Decreased By ▼ -1.44 (-2.41%)
BOP 34.58 Increased By ▲ 0.18 (0.52%)
CNERGY 13.68 Increased By ▲ 0.57 (4.35%)
CSIL 6.30 Decreased By ▼ -0.11 (-1.72%)
FCCL 57.55 Decreased By ▼ -0.51 (-0.88%)
FFL 16.50 Increased By ▲ 0.27 (1.66%)
FNEL 1.20 Decreased By ▼ -0.01 (-0.83%)
KEL 7.36 Decreased By ▼ -0.07 (-0.94%)
KOSM 5.98 Decreased By ▼ -0.05 (-0.83%)
LOTCHEM 27.51 Decreased By ▼ -0.16 (-0.58%)
MLCF 101.93 Decreased By ▼ -0.82 (-0.8%)
NBP 203.29 Decreased By ▼ -1.77 (-0.86%)
NCPL 60.47 Increased By ▲ 0.84 (1.41%)
NPL 69.80 Increased By ▲ 1.24 (1.81%)
OGDC 318.48 Decreased By ▼ -0.44 (-0.14%)
PACE 11.12 Increased By ▲ 0.07 (0.63%)
PAEL 42.86 Decreased By ▼ -0.24 (-0.56%)
PIBTL 16.72 Increased By ▲ 0.09 (0.54%)
PPL 230.62 Increased By ▲ 1.17 (0.51%)
PRL 76.73 Increased By ▲ 5.93 (8.38%)
PTC 71.18 Increased By ▲ 0.18 (0.25%)
SSGC 27.10 Decreased By ▼ -0.31 (-1.13%)
TBL 10.28 Decreased By ▼ -0.03 (-0.29%)
TELE 8.56 Increased By ▲ 0.03 (0.35%)
TPL 23.59 Increased By ▲ 0.53 (2.3%)
TPLP 15.45 Decreased By ▼ -0.31 (-1.97%)
TREET 24.51 Decreased By ▼ -0.20 (-0.81%)
TRG 60.09 Decreased By ▼ -0.20 (-0.33%)
Pakistan Print edition: 2020-02-09

FPCCI urges government to declare cotton emergency

President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Mian Anjum Nisar has suggested that to increase the crop size in the coming years the government should declare cotton emergency and take all necessary measures and plan of act
Published Updated

President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Mian Anjum Nisar has suggested that to increase the crop size in the coming years the government should declare cotton emergency and take all necessary measures and plan of action to increase production in the country. Education to the farmers, regarding quality seeds for plantation and sale of substandard seed be effectively constrained.

Expressing concern over low yield of cotton in the country and suggested that government should take all necessary measures on war footings to increase production in the country, he said cotton production has drastically declined from 15 million bales to 9.45 million bales in the current season 2019-20.

He said that major reasons for low production are reduction in yield per acre, low priority to grow cotton, uncertified seeds and pesticides etc.

In the country there is a gap of 5 million bales in production for domestic consumption. The local textile industry is therefore, compelled to import raw cotton from abroad to meet its requirement and to ensure its contribution in the Pakistan's exports.

In the past Pakistan was producing enough cotton according to the local demand and was ahead of neighbouring country India. In 1991-92, Pakistan production of cotton was 12.8 million bales while India was producing 11.9 million bales of cotton.

Unfortunately, due to ignorance and negligence of cotton cultivation in policies Pakistan is drastically facing reduction of cotton production. Current year production of cotton in Pakistan is 9.45 million bales less than the demand while in India is 31.2 million bales. According to USDA Production of Cotton in China is 27.2 million bales and in USA is 20.2 million bales.

Copyright Business Recorder, 2020

Comments

Comments are closed for this article.