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Telangana to buy cotton from farmers soon
06 Sep '17
1 min read
The Telengana government will for the first time purchase cotton from farmers to provide them remunerative prices for their produce and to establish ginning factories in the state. The purchase is scheduled to start by the next Kharif harvesting season. The decision follows reported exploitation of farmers by private cotton traders and middlemen.
As the Cotton Corporation of India could do little to stop the exploitation, the move is aimed at preventing unrest among the farming community, according to a report in leading English-language daily in South India.
Ginning factories are being planned under Telangana State Co-Operative Marketing Federation Ltd (TS Markfed) for that purpose in Old Adilabad, Warangal and Khammam districts. A new ginning factory will soon start operations in Adilabad district.
Cotton will be purchased through Rythu Coordination Samithis, which will make the cotton bales, stock them in godowns and sell in the open market. The state government may allocate Rs 5,000 crore in the next state budget for establishing such Samithis to purchase cotton and other produce from farmers, the report said. (DS)
As the Cotton Corporation of India could do little to stop the exploitation, the move is aimed at preventing unrest among the farming community, according to a report in leading English-language daily in South India.
Ginning factories are being planned under Telangana State Co-Operative Marketing Federation Ltd (TS Markfed) for that purpose in Old Adilabad, Warangal and Khammam districts. A new ginning factory will soon start operations in Adilabad district.
Cotton will be purchased through Rythu Coordination Samithis, which will make the cotton bales, stock them in godowns and sell in the open market. The state government may allocate Rs 5,000 crore in the next state budget for establishing such Samithis to purchase cotton and other produce from farmers, the report said. (DS)
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