Pakistan Cotton Ginners Association (PCGA) has sought an immediate release of funds for establishing Cotton Research and Training Institute (CRTI).
In 2009, the Punjab government announced that it would allot land free of cost for setting up CRTI. However, the state government withdrew its proposal, later on, owing to some differences between the federal and provincial governments.
After the Punjab government's denial of providing land for CRTI in agricultural research farm, the Ministry of Textile Industry allocated land for the institute on the land of Central Cotton Research Institute (CCRI), Multan.
PCGA Chairman Amanullah Qureshi said CRTI would be set up on an area of four acres, with an outlay of around PK Rs. 30 million.
The project, he said, would be executed in two phases. The first phase would involve construction work, while state-of-the-art ginning machineries would be imported for the institute in the second phase.
Mr. Qureshi informed that in this season, by now, around 12.3 million bales of cotton have been traded, without the involvement of TCP. Of this, 11.6 million bales of cotton have been procured by domestic textile units, while exporters procured around 724,090 bales.
Fibre2fashion News Desk - India
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