Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

8.78m cotton bales arrive in market

byCT Report
24/11/2016
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The Senate Standing Committee on National Food Security and Research (NFSR) Wednesday informed that as of November 15, total cotton arrived in the market was recorded at 8.78 million bales against the set target of 11.039 million bales.

“The final figures of the arrival of cotton would come by middle of January 2017 and it is hoped that the target would be met”, officials of the ministry informed the Standing Committee on NFSR here.

You might also like

Punjab govt to ban sale, purchase and use of spying devices equipped with hidden cameras

20/10/2026

Pakistan’s rice exports cross 1 million tonnes in first three months of FY27

19/10/2026

The meeting was informed that last year by the said date, 8.019 million bales were arrived in the market.

Meanwhile, Minister for National Food Security and Research (NFSR), Sikandar Hayat Khan Bosan told the committee that the government would not allow duty free import of cotton in to the country to protect the local cotton growers.

“The decision of imposing duty on the import of cotton can be revised only after the consumption of all locally produced cotton so that the local farmers get good price of the crop”, Bosan added. The meeting of the committee was held here under the Chairmanship of Senator Syed Muzafar Hussain Shah.

Regarding Plant Breeders Right Act, the Committee Chairman directed the ministry officials to prepare rules and regulations within 2 months after the enactment of the Law and all stakeholders should be taken on board in the process.

The committee was also briefed on the agenda of lowering trend of cultivating sunflower crop. The meeting was informed that the country imports 82.3 per cent of all consumption of edible oil.

The minister said that the main reason behind the lowering trend of cultivation of the crop was a hefty cut in the sunflower crop price.

On request of Sikandar Bosan, the committee also included the agenda for next meeting to discuss the transfer of the cotton sector from textile ministry to the ministry of NFSR.

“I forwarded a summary to the prime minister in this regard who referred it to the Cabinet Committee on Restructuring which rejected the summary”, Bosan said adding that he would again write a letter to the prime minister to review the decision of the committee. Senator Mohsin Leghari said cotton crop was totally an agriculture product and it should be included in the ministry of NFSR.

The meeting was also attended by Senators Hamza and Muhammad Zafarullah Khan Dhahdla.

Related Stories

Punjab govt to ban sale, purchase and use of spying devices equipped with hidden cameras

byCT Report
20/10/2026

LAHORE: The Punjab government has decided to ban the use, purchase and sale of spying devices, including glasses, pens, watches...

Pakistan’s rice exports cross 1 million tonnes in first three months of FY27

byCT Report
19/10/2026

ISLAMABAD: Pakistan exported 420,277 metric tonnes of rice in September 2026, compared with 168,322 metric tonnes in September 2025. Rafiq...

“Young entrepreneurs can reshape Pakistan’s economic future”

byCT Report
17/10/2026

ISLAMABAD: The president of the Islamabad Chamber of Commerce and Industry has called for turning Pakistan's youth into a driver...

PIA launches special discount on flights to Toronto

byCT Report
16/10/2026

ISLAMABAD: Pakistan International Airlines (PIA) has announced a 30% discount on flights from Pakistan to Toronto, Canada, for travel until...

Next Post

Oman willing to invest in garment, leather sectors

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.