Home / Knowledge / News / Textiles / KCA should play regulatory role – Ghulam Rabbani
KCA should play regulatory role – Ghulam Rabbani
13
Oct '09
Mr Ghulam Rabbani
Mr Ghulam Rabbani
The Ministry of Commerce (MoC) is not allowing the Karachi Cotton Association (KCA) to function and act as a regulatory body, says the well known cotton trader, columnist and director of KCA, Mr Ghulam Rabbani.

He was very forthcoming when he said, “KCA has provided the proposed document to convert KCA in to regulatory body, five years back, but the MoC is not acting on it”.

He said, KCA has proposed to act as a regulatory body for monitoring the cotton trade as in other countries like, China Federation of Trading Cotton, India Cotton Corporation, The New York Board of Trading and many such bodies in other countries.

He added by saying that, “There is no monitoring system, to keep an eye on seed quality and proper germination and no study has been done before sowing of seeds to learn about the after-effect and behavior of plants of the particular variety's seed”.

He continued by saying, “In the absence of any monitoring body or government department to certify the seed, huge amounts of fake, low standard and uncertified seeds have been marketed ultimately hitting the cotton crop since 2003”.

“The MoC should also permit KCA to introduce futures trading in cotton as it will help millers, growers, ginners, traders and other stakeholders to consolidate their short- and long-term positions”, he concluded by saying.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 29th Jun 2017

Indian textile industry will reach new milestone by 2020

By 2020, textile technologies will be highly advanced not only with...

Alessandro Zucchi; Courtesy: ACIMIT

Textiles | On 29th Jun 2017

Alessandro Zucchi succeeds Carabelli as ACIMIT president

The members’ assembly of the Association of Italian Machinery...

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Jurgen Gauger
Spreadshirt

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

Kevin Nelson
TissueGen

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Yash P. Kotak
Bombay Hemp Company

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

Judy Frater
Somaiya Kala Vidya

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

Aditi Somani
Aditi Somani

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

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


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