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Cotton revival indispensable for economy

Revival of cotton is indispensable to Pakistan’s economic growth

Mr Asad Qaiser, National Assembly Speaker, taking notice of declining cotton production and land under cotton cultivation stressed that the revival of cotton was indispensable to Pakistan’s economic growth.

In a bid to discuss the framework and incentives for revival of cotton, the Speaker held a meeting with Mr Abdul Razzak Dawood; Adviser on Commerce, Textile, Industries, Production and Investment and Dr. Abdul Hafeez Sheikh; Adviser to Prime Minister on Finance and Revenue. He stated that despite the fact that cotton offers comparative advantage to Pakistan, during the last three decades more than 20% of land under cotton cultivation has declined and output had fallen by similar ratio.



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