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Pakistani cotton farmers cut production 34% due to high costs, taxes, floods, and middlemen, threatening the textile industry.
Pakistani cotton farmers are shifting to crops like sugarcane and rice amid a 34% drop in production due to high costs, an 18% tax on cottonseed and oilcakes, floods, poor seeds, and exploitative middlemen.
Despite a PKR 2 billion provincial project and a 0.7 million acre target, structural issues persist.
Agricultural groups urge federal action to remove the GST on cotton inputs to prevent further decline and protect the textile industry.
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Los agricultores paquistaníes de algodón redujeron la producción en un 34% debido a los altos costos, impuestos, inundaciones e intermediarios, lo que amenazó a la industria textil.