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PM Syed Yousaf Raza Gilani Meeting with PCGA
Delegation Headed by the Chairman
PM Meeting with
delegation of Pakistan Cotton Ginners Association (PCGA), headed by Chairman
Aman Ullah Qureshi, in
ISLAMABAD
on Tuesday.
Pakistan Cotton
Ginners' Association (PCGA) has met with Prime Minister, Syed Yousuf Raza
Gilani on December 20 and discussed issues related to the comparatively lower
prices of cotton in the domestic market, which was nothing, but the
exploitation of the poor cotton growers by the textile mill owners. "The prime
minister has directed the Trading Corporation of Pakistan (TCP) to purchase
one million cotton bales to save the growers from further loss but TCP
requires at least one month to finalise the procedure in this regard. However,
its purchase after a month would give no benefit to the poor growers. Almost
70 percent cotton crop has already reached the ginning factories and after one
month, this quantity would increase to 90 percent. It is unfortunately that
poor cotton grower to face the loss," sources added.
According to the
recent cotton arrival report, 11.036 million cotton bales have arrived in the
ginning factories that are 18 percent more than that of the last fiscal year
2010-11, which was 9.37 million.
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