Government purchase of cotton reached one crore bales
01-Apr-2025 10:41 AM
🏭 Government Procurement of Cotton Hits 1 Crore Bales 🌾
📢 Key Highlights:
✅ Cotton Corporation of India (CCI) has procured 100 lakh (1 crore) bales of cotton at Minimum Support Price (MSP).
✅ Telangana tops the procurement list, followed by Maharashtra and Gujarat.
✅ MSP: ₹7,121 per quintal (medium fiber) | ₹7,521 per quintal (long fiber).
✅ Second-highest government cotton procurement in history (after 105 lakh bales in 2019-20).
📊 Procurement Breakdown (Oct 2024 – Mar 2025)
📍 Telangana – 40.38 lakh bales
📍 Maharashtra – 29.34 lakh bales
📍 Gujarat – 14.10 lakh bales
📍 Karnataka – 5.22 lakh bales
📍 Madhya Pradesh – 3.95 lakh bales
📍 Andhra Pradesh – 3.83 lakh bales
📍 Odisha – 2.06 lakh bales
📍 Haryana – 61,000 bales
📍 Rajasthan – 50,000 bales
📌 Industry Insights
🔹 Domestic production estimate: 294.25 lakh bales (2024-25 season)
🔹 Arrivals in mandis till March 29: 244.25 lakh bales
