Interviews
Pak mill owners, ginners spar over cotton procurement
07 Sep '15
3 min read
He questioned why the Corporation was repeating the same mistake this year when the last year procurement is still lying with it.
He said the Corporation was following a wrong policy in a situation when the country's exports during the outgoing fiscal have dropped by 17 per cent.
Tanveer argued that that the cotton farmers, like the textile industry, are facing the dilemma of rising cost of production and the government should reduce their cost of inputs by providing a direct support on electricity and fertilizer. He said 30 percent of the production capacity is already impaired and the industry would be unable to procure cotton. (SH)
Fibre2Fashion News Desk – India
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