Home / Knowledge / News / Textiles / Pak panel urges TCP to buy seed cotton instead of lint
Pak panel urges TCP to buy seed cotton instead of lint
14
Apr '15
A Pakistan parliamentary panel has recommended the Trading Corporation of Pakistan (TCP) to buy seed cotton instead of lint to protect cotton farmers as it was unable to fix the minimum cotton price.

This was done in line with the procurement policy adopted by the Indian government which through the Cotton Corporation of India (CCI) buys seed cotton from growers.

During a meeting of the National Assembly Standing Committee on Textile Industry, it was told that surplus cotton output was recorded last season in global as well as Pakistan, with a repeat expected in the new season too.

According to Pakistan media reports, the meeting was also told that with cotton being surplus in the new season too, rise in cotton prices are not expected for the new season also.

The government will also not be able to offer subsidies as it is facing a financial crunch, although WTO rules permit subsidies up to Rs 300 billion to the agricultural sector.

So, the Committee accepted the proposal put forth by Kanwar Usman, director research and development (RDA) cell of the textile ministry to recommend buying of seed cotton by TCP. (AR)

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X