Cotton industry: ‘Reduction in insurance charges to benefit ginners’: July 17, 2017 - MULTAN

By admin       2017-07-17

Insurance companies have agreed to reduce insurance charges for ginners and later bringing them par with textile mills to eliminate the discrimination in premium rate for ginners and textile millers. This was said by Pakistan Cotton Ginners Association (PCGA) Chairperson Dr Jasso Mal while addressing a meeting on Sunday. He said Punjab agriculture department had increased cotton fee to 100% through its market committees which was unjustified. The PCGA demanded of the government to fix electricity tariff at Rs5 per unit for ginners and impose complete ban on the import of cotton till the consumption of local produce. Jasso Mal stressed the need to modernise cotton-ginning system to meet the demand of international market.

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