Summary The Kisan Package was launched by PM Nawaz Sharif for social welfare of farmers
KARACHI (Dunya News) – The Kisan Package launched by Prime Minister Nawaz Sharif has profited the farmers. For the first time in eight years, cotton production has exceeded its estimated target, reported Dunya News.
The government had predicted cotton yield to be one crore and five lac bales, however, the total yield of cotton this season has been calculated to be one crore and six lac bales. In this way, the cotton yield has been one lac more than expected.
Cotton Ginners Forum Chairman Ihsanul Haq told that about 95 lac bales of cotton were bought by textile mill owners while two lac cotton bales have been purchased by exporters.
It must be noted that over 40 lac of cotton bales will have to be imported this year due to the increased national consumption out of which approximately 20 lac bales have been imported yet.
