PCGA Urges Govt for Cotton Revival Drive to Boost Economy

The Pakistan Cotton Ginners Association (PCGA) has called on the government to launch a "Grow Cotton, Save the Economy" campaign, advocating for the closure of sugar mills in cotton zones, withdrawal of cotton taxes, and industrial status for ginning. Citing Pakistan's declining GDP, stagnant exports, and high energy costs, PCGA emphasized cotton's role as the agricultural backbone. The association seeks full implementation of the Cotton Control Act and a joint struggle for the sector's revival. While reflecting broader economic challenges, this sectoral advocacy is unlikely to have an immediate, direct impact on gold or currency rates.

بحوالہ / Source: www.brecorder.com