Sunday, May 31, 2009

Future of Bt Cotton in Asia

Bahawalpur

Fast pace in cash crops production is a dream for any agrarian economy; many ancient civilizations rose by diverting rivers and irrigating arid lands to grow crops like wheat, maize, rice, cotton – Asian countries especially Indian subcontinent and China are those who are well known for its cotton made fiber for centuries.

Cotton is a powerful engine for our economy growth; the cotton lint, cloth, yarn and garments are a big source of foreign exchange and accounts for around six percentage of our GDP; cotton made ups and textile exports embrace more over $ 7.3 billion to the national economy which is around two thirds of the country’s export earnings. Cotton is grown over eighty countries primarily for fiber, but seeds render an important source of food for livestock and humans. Life of million of small farmers, daily wage workers and many small medium business are on the fortune of this single crop therefore the success or failure of cotton crop has influence not only exports but also on socioeconomic sectors of various stakeholders - fine quality of cotton production is the inherent comparative advantage of our textile sector; so have to take into account the present challenges faced in its production and value-added fields and preparing for the future changes in its technologies.

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