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Country capable of meeting cotton needs, says Bosan
By Tariq Chaudhry
ISLAMABAD—Federal Minister for Food, Agriculture and Livestock Sikandar
Hayat Khan Bosan Wednesday said Cotton will not be imported because
there is no shortage of cotton in the country.
Speaking at a press conference, the Minister said "Cotton Assessment
Committee has assessed production of 12.5 million bales of cotton
showing shortfall of 2.5 million bales against the target of 15 million
bales during current year".
He said the cotton production remained in between 10 to 11 million bales
during last few years so that production of 12.5 million bales is quite
reasonable to meet the requirements. The flood and heavy rains had
caused unfavorable conditions for cotton production damaging crops on an
area of 3.5 lakh acres of land, he added.
Bosan said "the mill consumption of raw cotton in the country and the
export of textile goods are growing with simultaneous upsurge in
domestic cotton production from an average of ten million bales produced
annually for over a decade to an all time record of 14.6 million bales
produced in 2004-05".
Being cognizant of the economic significance of cotton sector in the
national economy, he said, the government is determined to provide all
possible support to the private sector stake holders for maximizing the
production of quality cotton and the value addition through necessarily
required technological, administrative, fiscal and legislative measures.
At the sametime, he said, the government has provided a level playing
field to all the stakeholders by maintaining a free trade policy with no
embargo on the volume of import or export of raw cotton. While refuting
a news report, Food and Agriculture Minister said a wrong impression has
reportedly emerged in the cotton sector that due to the current cotton
crop being shorter than the envisaged production target of 15 million
bales the government would import He said "the report is false and
creating a negative impression with regard to cotton production.
The government has no such intentions and the textile mills are already
allowed to import any amount of raw cotton by themselves as was done in
past years".
Sikandar Bosan said the government is however pursuing a policy of
expansion in cotton production vertically in the Punjab and Sindh and
promoting cotton cultivation in potential areas of Balochistan and
N.W.F.P to meet the spinners' requirement both volume and quality wise
through a pragmatic research and development process with visible
improvement in yield, ginning out turn and fibre characteristics.
Hailing the Prime Minister's statement regarding ending of subsidy for
farmers of developed countries atCommon Wealth summit Sikandar Bosan
said "PM's statement is commendable because subsidy to farmers of
developed countries is affecting the interests of farmers of developing
states". He said the government will follow the same stand at
forthcoming WTO Ministerial meeting to held at Hong Kong from December
13 to 17. |