Dr. Yusuf Zafar advocates for cotton industry funding

Web DeskJune 9, 2024 04:04 PMbusiness
  • Critical need for funding in cotton research and development
  • Importance of public-private partnerships for industry growth
  • Challenges faced by cotton industry and the call for innovative solutions
Dr. Yusuf Zafar advocates for cotton industry fundingImage Credits: nation_pk
Dr. Yusuf Zafar emphasizes the critical need for funding in cotton research and development, highlighting challenges and advocating for public-private partnerships to ensure industry growth and resilience.

Dr. Yusuf Zafar, the Vice President of the Pakistan Central Cotton Committee (PCCC), has highlighted the critical need for securing funding for cotton research and development in the upcoming 2024-25 budget. In a recent meeting with agricultural scientists, Dr. Zafar stressed the importance of implementing modern R&D projects to boost the cotton industry. He specifically pointed out the necessity for innovative solutions to increase production, improve quality, and combat diseases affecting cotton crops.

Dr. Zafar also called for a collaborative effort between the public and private sectors to achieve these goals. He mentioned that joint initiatives between organizations like the PCCC and the All Pakistan Textile Mills Association (APTMA) could significantly benefit the cotton sector. Dr. Zafar urged APTMA to ensure timely payment of the cotton cess and the prompt release of the remaining cess amount to support industry development.

Highlighting the challenges faced by the cotton industry, such as climate change, water scarcity, and disease outbreaks, Dr. Zafar warned that insufficient funding might jeopardize ongoing research projects and the country's economic stability. He underlined the vital role of public-private partnerships in securing adequate funding for research and development to tackle these obstacles effectively.

Dr. Yusuf Zafar's advocacy for increased funding for cotton research and development underscores the importance of investing in the future of Pakistan's cotton industry. By prioritizing innovation and collaboration, the sector can overcome existing challenges and thrive in the face of adversity. Public-private partnerships are key to ensuring sustainable growth and resilience in the cotton sector, ultimately benefiting farmers, businesses, and the economy as a whole.

Related Post