Cotton revival indispensable for economy: NA Speaker

ISLAMABAD, Sep 16 (APP):National Assembly Speaker Asad Qaiser while 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 the Adviser to Prime Minister on Finance and Revenue Dr. Abdul Hafeez Sheikh, and Adviser on Commerce, Textile, Industries, Production and Investment Abdul Razzak Dawood here on Monday.

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.