Related Keywords: considering cost of production, cotton grower not given any subsidty, current season, delay from government, fix minimum guaranteed price of cotton, have negative impact on growers, Indian model of cotton procurement, lint cotton, National Assembly Standing Committee on Textile Industry, on cotton intervention price, seed cotton
The sub-committee of National Assembly Standing Committee on Textile Industry had recommended fixing the minimum guaranteed price of cotton at Rs 2700 per 40 kg for the financial year 2015-16 after considering the cost of production. Delay from government to decide on cotton intervention price for the current season is likely to leave growers without due benefits. As Cotton growers in Pakistan are not given any subsidy, they have to compete with the prices of subsidized cotton.
