Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

CATL set to price Hong Kong IPO at top end of range as retail investors pile in

May 14, 2025

CATL set to price Hong Kong IPO at top end of range as retail investors pile in

May 14, 2025

Gold price per tola falls Rs2,300 in Pakistan – Markets

May 14, 2025
Facebook X (Twitter) Instagram
Wednesday, May 14
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » PM Shehbaz forms committee for cotton crop revival – Business
Economist Impact

PM Shehbaz forms committee for cotton crop revival – Business

adminBy adminMarch 7, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 29


LAHORE: Taking notice of the dwindling cotton production, Prime Minister Shehbaz Sharif has formed a 15-member committee tasked with recommending measures in 30 days for the revival of the crop.

Federal Minister for National Food Security & Research Rana Tanveer Hussain has been nominated as convener of the committee, which will take stock of the cotton crop situation and propose policy and administrative interventions for crop revival.

It will also submit recommendations for proper grading and standardisation of cotton bales in line with international standards, especially contamination parameters.

The body will also submit technical proposals to enhance cotton yield nationwide.

The committee will include MNA Hussain Tariq Jamote from Hyderabad, Dr Ahsan Raza from LUMS, Dr Kausar Malik former minister and ex-PARC chairman, cotton expert Dr M. Aslam, Pak-Kuwait Textiles’ Tariq Mahmud, former Aptma chairman Asif Inam, PCGA ex-chairman Mian Mahmood Ahmed, cotton growers from Sindh, Punjab and Balochistan Imran Buzdar, Ahsan Bajwa and M Siddiqui, respectively, former MNA from Rahim Yar Khan Sheikh Fayyaz, Nawaz Sharif Agriculture University Multan Vice-Chancellor Dr Ishfaq Rajwana, and secretaries of agriculture departments of Punjab, Sindh and Balochistan.

The NFS&R secretary will serve as secretary of the committee.

The local cotton industry faces a severe crisis due to unfavourable import policies and adverse weather conditions. The national production for the crop year 2024-25 has plunged to the second-lowest level in the country’s history, falling nearly 50 per cent short of the official target and 34pc below last year’s output.

The government’s import policies have encouraged textile mills to import cotton and yarn instead of purchasing them domestically. This has led to a sharp decline in local and un-ginned cotton prices (phutti), causing financial difficulties for cotton growers and ginning factories.

In addition to the import policies, unfavourable weather conditions have also taken a toll on cotton production. Unexpected rains in February and March last year, followed by heatwaves and further rains in July and September, severely affected the germination of cotton seeds.

The germination rate dropped to 30-40 per cent, much lower than the req­uired 70pc to 75pc for certified seeds.To address the seed germination issue, the prime minister has already directed the Na­­t­ional Seed Develop­ment and Regulatory Authority to meet with stakeholders, including the Seed Association of Pakistan, to discuss ways to ensure the availability of certified cotton seeds to farmers.

Published in Dawn, March 7th, 2025



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Impact

Modi visits air force base as Dassault stocks plummet – World

May 14, 2025
Economist Impact

China offers Latin America and the Caribbean billions in bid to rival US influence – World

May 14, 2025
Economist Impact

Auto sales fall 5pc in April – Business

May 14, 2025
Economist Impact

Exports to North America rise – Business

May 14, 2025
Economist Impact

Telenor concerned over delay in sale of local operations – Business

May 14, 2025
Economist Impact

Private sector reverses debt retirement trend – Business

May 14, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Gold price per tola falls Rs2,300 in Pakistan – Markets

May 14, 2025

Indian benchmarks set to open higher on softer US, domestic inflation data – Markets

May 14, 2025

Easing US-China trade tensions send gold lower as safe-haven demand weakens – Markets

May 14, 2025

Tobacco revenue can increase by bringing illicit trade into tax net – Business & Finance

May 14, 2025
Latest Posts

Modi visits air force base as Dassault stocks plummet – World

May 14, 2025

China offers Latin America and the Caribbean billions in bid to rival US influence – World

May 14, 2025

Petrol prices expected to come down soon; relief for KE subscribers likely – Business

May 14, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • CATL set to price Hong Kong IPO at top end of range as retail investors pile in
  • CATL set to price Hong Kong IPO at top end of range as retail investors pile in
  • Gold price per tola falls Rs2,300 in Pakistan – Markets
  • Gold moves in a negative zone on weak demand
  • Does India’s surprise tariff move on US signal a tougher stance on trade or just ‘symbolism’?

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

CATL set to price Hong Kong IPO at top end of range as retail investors pile in

May 14, 2025

CATL set to price Hong Kong IPO at top end of range as retail investors pile in

May 14, 2025

Gold price per tola falls Rs2,300 in Pakistan – Markets

May 14, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.