Tag: Bailout

Bailout package demanded for cotton farmers

| | No Comments

article image STAFF REPORT MULTAN: United International Group Chairman Mian Shahid has demanded a bailout package for cotton farmers affected by the recent collapse of the crop. Disappointed farmers are switching to other crops which could further reduce the area under cotton cultivation by 20 per cent which would bring production down, he said in a statement. Shahid said that textile sector would be hard pressed as four billion dollars would be needed to import cotton which would hit the…Read More