Home / Knowledge / News / Textiles / Declining cotton production worries Pakistan
Declining cotton production worries Pakistan
20
Jul '16
Voicing concern over sharp decline in cotton production and area under cotton cultivation, Senate Standing Committee on Textile Sector in Pakistan has called on the government to take up special measures to arrest the downward trend.

Pointing out that 80 % of cotton crop was used for generating export-oriented products, Senator Mohsin Aziz, who presided over the committee meeting on Tuesday said, farmers were switching over to other cash crops such as maize and sugarcane as they were not receiving fair price for their produce.

Already the Textile industry was facing severe hardship due to the absence of an exclusive textile policy, he said and warned that the declining trends would affect exports adversely.

The committee was informed that cotton production in Punjab last year fell 43 % compared to the preceding year, mainly due to unprecedented rains in the area. In Punjab, cotton cultivation acreage fell to 430,000 acres this year as compared to 540,000 acres last year, media reports said.

Noted Textile industrialist Mr Akbar Seth, who was invited as special guest in the committee, claimed that last year growers had to face Rs 22 billion worth of losses due to price variation in the open market.

Arguing that per acre cotton yield was among the lowest in Pakistan compared to other nations. mainly because there was no genuine seed company in Pakistan, Seth said government should focus on introducing latest seed technology and distribute certified seeds among growers to increase per acre yields.

According to the Cotton Commissioner, Mr Khalid Abdullah there were about 750 registered seed companies in Pakistan that were meeting 50% of the demand, while the remaining demand was being met by sowing of uncertified seeds.

Keeping in view the shortage of raw cotton in the country, the committee recommended the Federal Board of Revenue (FBR) to review the 5 % import duty on cotton and place it in the zero-rated regime.

While the Chairman of FBR, Mr Nisar Muhammad Khan said that the import duty on raw material used for textile industry was entitled to refund, the committee argued that the process of refund was very cumbersome. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: India ITME

Textiles | On 8th Dec 2016

Industry needs to create 1cr jobs in 3yrs: Kavita Gupta

Sharing several initiatives laid out by the government in R&D,...

Textiles | On 8th Dec 2016

Package will boost made-ups sector: SIMA

The reforms package approved by the Union Cabinet to boost employment ...

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search