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Pakistan Cotton Ginners Association (PCGA) has dispelled the impression of forming cartel with All Pakistan Textile Mills Association (APTMA) or maintaining monopoly in cotton trade to fleece the cotton growers. The PCGA made it clear that it could not even think of betraying the farmers which produces raw material for 1200 ginning factories, and textile mills.
Presiding over a meeting of central executive committee of PCGA, its chairman Mukhtar Ahmed Khan Baloch rebutted the allegations of delay in declaring the cotton arrival, payments to growers and creating monopoly in cotton trade. Baloch said that ginners were part and parcel of farmers' community and they safeguarded the interests of cotton growers.
Baloch clarified that cotton arrival figures were delayed due to Eid holidays and was a routine matter. He further said that PCGA and APTMA had differences on various issues and forming of cartel by the two organisations was not possible.
Fluctuation in the "Phutti" price was a result of low price of cotton in the market. He said that PCGA would take all decisions in the larger interest of the ginners and it would release the cotton arrival figures on 3rd and 18th of every month regularly.
The CEC of PCGA nominated Mian Mehmood Ahmed of Khanpur (Rahimyarkhan) for the executive committee of FPCCI for 2013-14 and Ahsan Javed of Ahmedpur East (Bahawalpur) for General body seat of FPCCI. The meeting was attended by Vice Chairman Sheikh Aasim Saeed, Ex-Chairmen Mahesh Kumar, Suhail Mehmood, Muhammad Saleem, Kashif Rasul and others.

Copyright Business Recorder, 2013

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