KARACHI: The country managed to produce 7.49 per cent more cotton this season (2017-18) over the corresponding period last year. In total 11.485 million bales were produced up to Feb 15 as against 10.685m bales in last season.

The nominal increase in cotton production is a strong indication that the crop continues to face multiple issues —including less cultivation area and lack of research and development — for the last three consecutive seasons.

“It is encouraging that some improvement in cotton production has been made this season but it cannot be called an achievement because nominal gains and losses in a cash crop like cotton are of no consequence,” said cotton analyst Naseem Usman.

“For three consecutive seasons, the country has been witnessing a failed cotton crop form around 15 million bales in 2014-15 to around 10-11m bales but still no measures were taken to reverse the situation,” he added.

Mr Yasin Siddik, former chairman All Pakistan Textile Mills Association (Aptma), said that there was an urgent need for framing new agriculture policy wherein cotton crop should be given preference over other crops.

“The cotton crop has suffered badly because growers are attracted by other crops particularly sugarcane and wheat. This has reduced cotton crop cultivation area. The crop has been neglected at every level for the last so many years,” he added.

He stressed that was an urgent need to increase cotton cultivation area by banning sugarcane and wheat cultivation.

Research work should be carried out to create new cotton seeds with high yield and pest resistance qualities so that the textile industry’s demand of around 14-15m bales could be met, Mr Siddik said.

“These steps are needed as they will help produce exportable surplus and also slash the ever rising import bill of cotton and ease the balance of trade of the country. Above all, through value-addition maximum foreign exchange could be earned,” agreed Shabir Ahmed chairman Pakistan Bedwear Exporters Association (PBEA).

It is encouraging that Sindh recorded double digit growth of 12.32 per cent in cotton production at 4.252m bales compared to 3.785m bales produced in the same period last year. This means that around 466,472 more bales were produced this season.

Against this Punjab recorded 4.84pc growth at 7.233m bales compared to 6.899m bales produced in the corresponding period last season. This resulted in nominal rise in production of 334,015 bales.

There is a drastic fall in phutti (seed cotton) arrival during the last fortnight (Feb 1-15) as only 52,867 bales reached ginneries as against 50,627 bales in the same period last year. Overall only 2,240 more bales were produced during period under review.

According to other details, the textile industry has so far purchased 10.439m bales compared to 9.732m bales lifted by the industry in the corresponding period last season.

Published in Dawn, February 20th, 2018

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Business concerns
Updated 26 Apr, 2024

Business concerns

There is no doubt that these issues are impeding a positive business clime, which is required to boost private investment and economic growth.
Musical chairs
26 Apr, 2024

Musical chairs

THE petitioners are quite helpless. Yet again, they are being expected to wait while the bench supposed to hear...
Global arms race
26 Apr, 2024

Global arms race

THE figure is staggering. According to the annual report of Sweden-based think tank Stockholm International Peace...
Digital growth
Updated 25 Apr, 2024

Digital growth

Democratising digital development will catalyse a rapid, if not immediate, improvement in human development indicators for the underserved segments of the Pakistani citizenry.
Nikah rights
25 Apr, 2024

Nikah rights

THE Supreme Court recently delivered a judgement championing the rights of women within a marriage. The ruling...
Campus crackdowns
25 Apr, 2024

Campus crackdowns

WHILE most Western governments have either been gladly facilitating Israel’s genocidal war in Gaza, or meekly...