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Ministry urges CCI to have staggered cotton buying plan
04
Mar '13
Ministry of Textiles has issued directions to Cotton Corporation of India for operationalization of a staggered procurement plan with mandi arrivals regulated within capacity limits and reasonable working schedules in consultation with State Government for farmers to get timely and remunerative prices.

The mandi operations plan was put in place with the following objectives: (1)to ensure timely payments to the farmers; (2) need for physical verification of stocks of seed kapas in notified mandis; (3) to make procurement coterminous with the storage space available; (4) tighter out-turn verification and need for systemic checks to avoid pilferages; (5) timely documentation by coordination between Cotton Corporation of India and APMCs; (6) giving field officials adequate time for conducting transparent procurement and (7) to put adequate fire prevention measures in place.

The mandi operations plan was operationalized by Cotton Corporation of India in consultation with State Government of Andhra Pradesh. Subsequently when the Government received a representation from the State Government of Andhra Pradesh for enhancing the pace of MSP operations, operational flexibility was given to Cotton Corporation of India for undertaking a procurement of 19 lac bales in January 2013.

Ministry of Textiles

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