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PCGA chief asks government to patronise cotton growers

The chairman of Pakistan Cotton Ginners Association (PCGA) Jeso Mal has asked the government to patronise cotton growers and to ensure purchase of their produce on fair price to boost cotton production to 20 million bales and save foreign exchange worth Rs 60 billion per annum. Mal said his Association has decided not to be blackmailed at the hands of cartel of textile millers and would prefer to export the country’s products at the rates they wish to. He also revealed that said that the country would have to spend at least Rs 40 billion to purchase at least 4 million bales of cotton from different countries this year to run its textile as well as value-added industry.

Mal also informed this year, Punjab clocked in 40.76 per cent less cotton production. However, Sindh province increased its production by 6.61 per cent. As of September 30, seed cotton (Phutti) equivalent to over 26,45,349 bales of cotton have reached ginneries across Pakistan showing a decrease of 13.93 per cent compared to corresponding period last year when ginneries received 30,73,325 bales.

Briefing media men about cotton production, Mal said that out of the total arrivals, 2,645 million bales of cotton have been converted into bales so far. Ginneries in Punjab recorded arrival of 7,88,699 bales showing a decrease of 40.78 per cent. On the other hand, ginneries in Sindh recorded arrival of 18,56,650 bales while last year the province received 17,41,486 bales showing an increase of merely 6.61 percent. Ginneries in Sindh recorded an increase of 6.61 as compared to corresponding period last year.

 
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