AIRLINK 184.85 Decreased By ▼ -0.34 (-0.18%)
BOP 9.71 Decreased By ▼ -0.22 (-2.22%)
CNERGY 7.26 Decreased By ▼ -0.03 (-0.41%)
FCCL 36.90 Increased By ▲ 0.26 (0.71%)
FFL 14.35 Decreased By ▼ -0.18 (-1.24%)
FLYNG 24.60 Decreased By ▼ -0.32 (-1.28%)
HUBC 127.00 Increased By ▲ 0.17 (0.13%)
HUMNL 12.90 Decreased By ▼ -0.17 (-1.3%)
KEL 4.32 No Change ▼ 0.00 (0%)
KOSM 5.97 Decreased By ▼ -0.09 (-1.49%)
MLCF 42.80 Decreased By ▼ -0.09 (-0.21%)
OGDC 199.25 Increased By ▲ 3.81 (1.95%)
PACE 6.24 Decreased By ▼ -0.05 (-0.79%)
PAEL 38.08 Increased By ▲ 0.12 (0.32%)
PIAHCLA 16.98 Increased By ▲ 0.08 (0.47%)
PIBTL 7.77 Decreased By ▼ -0.02 (-0.26%)
POWER 9.32 Decreased By ▼ -0.07 (-0.75%)
PPL 168.90 Increased By ▲ 1.01 (0.6%)
PRL 33.25 Decreased By ▼ -0.77 (-2.26%)
PTC 22.68 Increased By ▲ 0.17 (0.76%)
SEARL 102.11 Decreased By ▼ -1.86 (-1.79%)
SILK 1.07 Decreased By ▼ -0.12 (-10.08%)
SSGC 35.87 Decreased By ▼ -0.08 (-0.22%)
SYM 17.95 Decreased By ▼ -0.15 (-0.83%)
TELE 8.13 Increased By ▲ 0.11 (1.37%)
TPLP 11.74 Increased By ▲ 0.11 (0.95%)
TRG 66.25 Increased By ▲ 0.09 (0.14%)
WAVESAPP 11.95 Decreased By ▼ -0.18 (-1.48%)
WTL 1.56 Increased By ▲ 0.04 (2.63%)
YOUW 3.80 Decreased By ▼ -0.01 (-0.26%)
BR100 11,605 Increased By 35.2 (0.3%)
BR30 34,097 Increased By 63.1 (0.19%)
KSE100 110,834 Increased By 533.1 (0.48%)
KSE30 34,593 Increased By 206.1 (0.6%)

LAHORE: Pakistan's cotton sowing area is continuously decreasing for the last three years, which reflects loss of growers' interest in this crop due to declining profitability.

Currently Pakistan's sowing areas are expected to reduce from 2.4 million hectares to 2.3 million hectares last year, much less than what we used to sow few years ago.

"Not only has our sowing area declined but our production per acre has also declined," said Farmers Bureau of Pakistan (FBP) President Dr. Zafar Hayyat while talking to Business Recorder here on Saturday.

Government and private sectors (national and multinational industries) have failed badly in providing standard and good quality seeds to the farmer. National companies have taken the advantage of loose regulation imposed by the government sector and multinationals have been exploiting the government to get extra protection for operating in the open market, instead of competing with the others, expecting to become the blue-eyed of the government sector.

Pakistan should speed up its effort to develop the good quality research by selecting the best scientists and facilitating in the form of monetary term as well as resources. The same scientists are picked up by the multinationals where they instead of working for the government put their best inputs to such countries.

Farmers Bureau of Pakistan (FBP) demand that Pakistan government facility for cotton research should be revamped on priority basis and very good and strict regulatory structures should be made to check their progress involving private and government sectors and their perks and incentives should be based on their work. All political influence should be withdrawn and private sector whether multinational or the national should behave to compete without any protection, he added.

"We can revive our cotton industry within no time provided we work sincerely right away and make sure that all the technocrats who misinform and try to produce wrong reports to justify the performance should know that they will be strictly held accountable for any discrepancy if and when found," observed Dr. Zafar Hayyat.

"Farmers, ginners and textile mill owners will be facing difficult times. If they do no act collectively the industry in Pakistan would be history. If we don't become innovative we all know what drastic situation we would face in the textile sector," he said.

He said it was time the farmers, the ginners, the textile mill owners and the government worked together to finalize a policy on an emergency basis, involving true leaders of their sectors.

Copyright Business Recorder, 2020

Comments

Comments are closed.