MULTAN: The government should mobilise Trading Corporation of Pakistan (TCP) as an alternative buyer of cotton in the market and also announce support price of the commodity, said Pakistan Cotton Ginners Association (PCGA) chairman on Friday.
Talking to media personnel, Haji Hafeez Anwar said the government should start buying cotton through the TCP within a week to avoid financial strain on farmers.
Farmers were being exploited by textile millers, he said, adding that the industry this year is picking up crop for the current need, whereas earlier they used to make purchases for the future as well.
The PCGA chairman urged the government to facilitate manufacturers and exporters to generate demand for cotton and guarantee the full utilisation of the current cotton crop.—Correspondent
Published in Dawn, September 5th, 2015
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