Research to raise productivity stressed.
ISLAMABAD -- There is a need to undertake robust research to improve quality and productivity of cotton in order to maximise profits of cotton producers and minimise import of cotton, said Adviser to Prime Minister on Commerce Abdul Razak Dawood. Speaking during Inter-Ministerial Meeting (IMM) on cotton, held in the Commerce Division on Monday, he said this goal could only be achieved by introducing new varieties of seeds and other inputs including pesticides. The meeting deliberated on the issues pertaining to demand and supply of cotton in the market in order to devise a viable policy to ensure availability of cotton to the textile sector on competitive rates. On the other hand, it was also emphasised to ensure reasonable profit on production of cotton by announcing a minimum indicative price of cotton to producers. Representative of Textile Division informed that in fiscal year 2018-19 the production target was set at 14.37 million bales, which was revised to 10.78 million bales and then to be 9.98 million bales due to low yield.
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|Publication:||The Express Tribune (Karachi, Pakistan)|
|Date:||Jul 16, 2019|
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