Govt targets 15m annual cotton production by 2025

July 11, 2024 (MLN): Pakistan's annual cotton production currently stands at 8.4 million bales, and the government is committed to increasing it to 15m bales by 2025, stated Federal Minister for Industries, Production, and National Food Security Rana Tanveer Hussain on Thursday.

The minister reiterated the government's commitment to promote the cotton industry, as APP reported.

He said this while addressing the meeting of the Pakistan Central Cotton Committee's governing body.

The minister stressed that Pakistan's economy heavily relies on cotton production and textile industry growth is linked to good cotton yields.

“The textile industry has been granted Rs10 per unit subsidy on electricity, which will significantly alleviate its financial burdens and alleviate its difficulties to a great extent,” he added.

He said that research and development must be prioritized, and the government is committed to providing comprehensive support to farmers, ginners, and all relevant stakeholders.

The yield per acre can be increased with modern agricultural practices and technology.

In light of the Food Agricultural Organization report, recommendations are sought for the restructuring of PCCC.

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