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Govt to Allow Cotton Import By Land as Local Production Falls


Govt to Allow Cotton Import By Land as Local Production Falls
The Government of Pakistan is set to allow the import of cotton from Afghanistan and the Central Asian states via the Torkham land route to overcome the 34.18 percent fall in the production of local cotton.
Pakistan’s cotton harvest has dwindled significantly as farmers continue to switch to other lucrative crops. According to the statistics released by the Pakistan Cotton Ginners Association, over 5.6 million bales underwent the ginning process (conversion to bales) until 1 March 2021.
Pakistan has become a net importer of cotton for the past three years due to lower domestic production. ....

Naseem Usman , Muslim League Nawaz , Cotton Crop Assessment Committee , Pakistan Cotton Ginners Association , Ministry Of Commerce , Karachi Cotton Brokers Forum , Economic Coordination Committee , Central Asian , Cotton Crop Assessment , Pakistan Muslim League Nawaz , Commerce Secretary , நசீம் உஸ்மேன் , முஸ்லீம் லீக் நவாஸ் , பருத்தி பயிர் மதிப்பீடு குழு , அமைச்சகம் ஆஃப் வர்த்தகம் , கராச்சி பருத்தி தரகர்கள் மன்றம் , பொருளாதார ஒருங்கிணைப்பு குழு , மைய ஆசிய , பருத்தி பயிர் மதிப்பீடு , பாக்கிஸ்தான் முஸ்லீம் லீக் நவாஸ் , வர்த்தகம் செயலாளர் ,

Cotton production drops 34% in FY21


Cotton production drops 34% in FY21
Govt’s negligence towards major cash crop has heavily affected country’s economy
The cotton production in Pakistan has plunged 34% to 5.57 million bales (of 155 kg per bale) in the current fiscal year 2020-21 compared to the same period of last year. This output was in line with the full-year production estimated at a four-decade low in the ongoing year.
The governments’ continuous negligence towards the major cash crop for several years and climate change has heavily affected the domestic economy. The situation led the textile sector (yarn manufacturers) to import cotton worth around $2 billion in this fiscal year. ....

Pakistan Cotton Ginners Association , Cotton Crop Assessment Committee , Us Agriculture Department , State Bank , Cotton Ginners Association , பருத்தி பயிர் மதிப்பீடு குழு , நிலை வங்கி ,