AGL 37.55 Increased By ▲ 0.05 (0.13%)
AIRLINK 218.49 Decreased By ▼ -4.40 (-1.97%)
BOP 10.68 Decreased By ▼ -0.14 (-1.29%)
CNERGY 7.32 Decreased By ▼ -0.24 (-3.17%)
DCL 9.10 Decreased By ▼ -0.32 (-3.4%)
DFML 40.35 Decreased By ▼ -0.61 (-1.49%)
DGKC 102.20 Decreased By ▼ -4.56 (-4.27%)
FCCL 34.40 Decreased By ▼ -2.67 (-7.2%)
FFL 19.50 Increased By ▲ 0.26 (1.35%)
HASCOL 12.82 Decreased By ▼ -0.36 (-2.73%)
HUBC 130.69 Decreased By ▼ -1.95 (-1.47%)
HUMNL 14.42 Decreased By ▼ -0.31 (-2.1%)
KEL 5.27 Decreased By ▼ -0.13 (-2.41%)
KOSM 7.20 Decreased By ▼ -0.28 (-3.74%)
MLCF 45.45 Decreased By ▼ -2.73 (-5.67%)
NBP 65.79 Decreased By ▼ -0.50 (-0.75%)
OGDC 220.12 Decreased By ▼ -3.14 (-1.41%)
PAEL 44.25 Increased By ▲ 0.75 (1.72%)
PIBTL 9.08 Increased By ▲ 0.01 (0.11%)
PPL 192.28 Decreased By ▼ -5.96 (-3.01%)
PRL 41.60 Decreased By ▼ -0.64 (-1.52%)
PTC 26.69 Decreased By ▼ -0.70 (-2.56%)
SEARL 107.29 Decreased By ▼ -2.79 (-2.53%)
TELE 10.32 Decreased By ▼ -0.20 (-1.9%)
TOMCL 35.86 Decreased By ▼ -0.76 (-2.08%)
TPLP 14.48 Decreased By ▼ -0.47 (-3.14%)
TREET 25.86 Decreased By ▼ -0.67 (-2.53%)
TRG 67.34 Decreased By ▼ -1.51 (-2.19%)
UNITY 33.50 Decreased By ▼ -0.69 (-2.02%)
WTL 1.75 Decreased By ▼ -0.04 (-2.23%)
BR100 12,291 Decreased By -72.5 (-0.59%)
BR30 37,354 Decreased By -863.8 (-2.26%)
KSE100 116,637 Decreased By -482.9 (-0.41%)
KSE30 36,770 Decreased By -166.8 (-0.45%)

ISLAMABAD: A meeting of the Standing Committee on National Food Security and Research was informed on Monday that the Pakistan Central Cotton Committee (PCCC) has been facing financial constraints as the committee members said increase in cotton production was important for exports.

The meeting of the Standing Committee presided over by Rao Muhammad Ajmal Khan was given briefing by the PCCC commissioner regarding issues of the PCCC.

He informed the meeting that there was poor financial condition in the department, and 10 percent increase of pay and pensions were not paid to the employees and the retired persons.

Land lease issues of the CCRI Multan, building rent issue of the PICRT Karachi, and ownership issue of CRS Sahiwal and Bahawalpur have also been laced to the department.

The meeting was further informed that the scientists and technical people had not been promoted since long, and there was also an issue of different posts which were lying vacant since long.

The representative of the cotton breeding program briefed the Committee regarding the cotton breeding, and informed the committee, regarding conversion of agriculture tube well on solar energy, and subsidy announcement for farmers 30 days prior to crop sowing.

The meeting was briefed on the corporate and cooperative farming, and told the committee that the new cotton growing areas (Potohar and others) be promoted in the climate change scenario.

He suggested that the State Bank should provide loans to agri-research and seed production companies like provided to Renewable Energy, Naya Pakistan Housing Scheme and Kamyab Jawan and added that the payoff period in Special Economic Zone (SEZ) of land be doubled for agri industries.

Copyright Business Recorder, 2021

Comments

Comments are closed.