Cotton Crisis Looms Large Over Pakistan - News Summed Up

Cotton Crisis Looms Large Over Pakistan


The slow arrival of cotton at ginning factories in Punjab and Sindh indicates a significant decline in cotton production this year. The consistent decline in cotton output in recent years highlights Pakistan’s growing cotton woes due to climate change, ineffective agricultural policies, diseases, and rising input costs. The fall in cotton production also threatens Pakistan’s comparative advantage in the international textile market, potentially leading to the closure of textile and clothing manufacturing units. India’s success in increasing its cotton output significantly since the late 1990s demonstrates that Pakistan can also achieve similar results by adopting new seed technologies and ensuring profitability for cotton farmersThe decline in cotton production in Pakistan is a multifaceted crisis with far-reaching implications for the country’s economy. The decline in cotton production has had a significant impact on the textile industry, which is a key driver of Pakistan’s economy.


Source: The Patriot October 07, 2024 20:38 UTC



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