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  • Cotton procurement through MSP operations continues in Maharashtra

    Published on May 4, 2020

    Cotton procurement through MSP operations is continuing in Maharashtra. Ministry of Textiles has reassured farmers that Cotton Corporation of India is well geared to implement the MSP operations of Centre in the state.

    A total of 36, 500 quintals of Kapas equivalent to 6900 bales have been procured during the lockdown period.

    Till 25th March, around 77.40 percent of total Kapas produced in the state had arrived in the markets and sold to Cotton Corporation of India and private traders.

    By that time, CCI had already procured 91.90 lakh quintals of Kapas equivalent to 18.66 lakh bales of cotton valuing 4995 crore rupees from cotton farmers through 83 centres.

    Steps have been taken by CCI to clear the outstanding payment to farmers for the procured Kapas.

    Out of the total procurement value of Rs. 4995 crores, a sum of Rs. 4987 crores has already reached the farmers.

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