Related Keywords: cost of sowing, cost parameters, finalized for financial year, for cotton lint and seed, minimum intervention price, National Assembly standing committee, recommendations of API, support cotton farmers, Trading Corporation of Pakistan
The minimum intervention price of cotton lint and seed was finalized at Rs. 3000 per 40 kilograme for financial year 2015-16 on the recommendations of API, who stated that after considering 35 cost parameters, they have calculated that the cost of sowing 40 kg of cotton crop adds up to Rs.3000 by the National Assembly Standing Committee on Textiles on Wednesday.