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CCI opens 21 centres in MP to procure cotton

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November 16, 2024 Indore: Cotton Corporation of India (CCI), a nodal agency established under the Ministry of Textile for procurement of cotton, has commenced procurement of cotton from farmers in Madhya Pradesh at the Minimum Support PriceCCI has established 21 procurement centres in Madhya Pradesh, of which 11 centres have become operational.

In the preceding year, the nodal agency had procure"We have established 21 centres in MP and the procurement process has commenced from the last week. We are accepting cotton with 8-12 per cent moisture and other mandatory parameters. Moisture content is elevated in new arrivals but gradually it will decrease and subsequently the pace of procurement will escalate," said an official from CCI requesting anonymity.

The Centre has declared MSPThe CCI has established procurement centres at Khargone, Dhamnod, Bikangaon, Badwah, Khandwa and other locations.
"New season cotton arrivals have commenced but moisture content is elevated due to which farmers are not securing better remuneration for their supplies but gradually as the moisture content diminishes, supplies and procurement will increase," said Kailash Agrawal, a cotton trader and farmer.

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