Telangana purchases 210 lakh quintals of cotton at support price

28-Mar-2025 05:52 PM

🧵 Telangana Cotton Procurement at Record High

📍 Hyderabad, India – The Cotton Corporation of India (CCI) has purchased a record 210.19 lakh quintals of cotton from over 9 lakh farmers in Telangana at the Minimum Support Price (MSP) during the 2024-25 marketing season (October-September).

📊 Key Highlights

✅ 110 cotton procurement centers set up.
✅ Total purchase value: ₹15,556 crore.
✅ MSP for cotton (2024-25):

• Long-staple: ₹7,521/quintal

• Medium-staple: ₹7,121/quintal
  ✅ Telangana: Top state in cotton procurement, followed by Maharashtra.

📉 Why is CCI Buying in Bulk?

🔸 Cotton prices in the open market have fallen, leading CCI to step in.
🔸 The Central Government has increased MSP significantly over the years:

• 2014-15: ₹3,750/quintal

• 2024-25: ₹7,121/quintal

🛍️ Total Cotton Procurement

📦 100+ lakh bales (each bale = 170 kg) purchased across India.
📈 Procurement will continue as long as farmers bring their cotton to the centers.

🌾 Government’s Support to Farmers

🇮🇳 Since 2014-15, the government has procured ₹58,000 crore worth of cotton, benefiting Indian farmers.
📢 Union Minister G Kishan Reddy emphasizes continued government efforts to support farmers and stabilize cotton prices.