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PCGA criticism is unacceptable, Chairman APTMA

13
Mar '12
Chairman All Pakistan textile Mills Association (APTMA) Mohsin Aziz has termed Pakistan Cotton Ginners Association (PCGA) criticism against Ministry of Textile Industry and APTMA uncalled for, saying the PCGA was levelling false and baseless allegations rather putting its own house in order.

He said the PCGA was maligning prestigious institutions and associations for petty personal gains, which is unacceptable.

Mohsin said that the unscrupulous speculators tried all means to sell low grade, rain affected/damaged cotton to TCP to cause losses to exchequer. APTMA and textile ministry thwarted their designs, leading to blame game.

Regarding APTMA's opposition to the TCP intervention to free market mechanism and procure one million bales, Chairman APTMA said APTMA opposed the move as per its policy of free market mechanism and it would not aloe anyone to intervene it.

According to him, the role played by the government in discouraging the unscrupulous elements, particularly the hoarders and opportunists, is highly commendable.

He said India had tried to intervene free market mechanism, which the international community discouraged and India withdrew it accordingly.

Meanwhile, Central Vice Chairman APTMA Seth Muhammad Akbar, who had attended meetings of Punjab Seed Council for approval of cotton varieties including BT-121 and FH-114, said the PCGA criticism to this effect was baseless. He said all varieties were approved on the basis of recommended parameters and specifications of the varieties.

According to him, the PCGA criticism is on the basis of false impressions drew out of the proceedings of the Council meeting. They should correct their information before criticising a transparent procedure adopted in approval of seeds by the Punjab Seed Corporation, he added.

He has expressed the hope that PCGA would stop mud-slinging and instead contribute constructively to the cotton economy.

All Pakistan textile Mills Association (APTMA)


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