Policy evolved to ensure fair prices to cotton growers

18 Jul, 2004

The government has evolved a policy to ensure reasonable prices to the cotton growers to save them any hardship. According to official sources, Trading Corporation of Pakistan (TCP) has initiated the measures to save the growers from any problem in the wake of arrival of the new cotton crop in the market.
The provincial governments have been advised to monitor the situation and ensure reasonable price to the growers. Monitoring at the district is also being ensured for the benefit of the producers.
All Pakistan Textile Mills Association (Aptma) has also been asked to enhance it purchase to stabilise the prices of the commodity.
The generis have been asked to purchase grade-three cotton under cotton control act so that the farmers should take care of the quality of cotton to find no excuse from the buyers.
Besides, a premium of Rs 200 is being given to the farmers who produce contamination-free cotton.
The government has set a target to procure from the market at substantially higher rate than the prevailing international parity price or the local price and just to support the price for the farmers.

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