CCI procured 210.19 lakh quintals cotton worth ₹15,556 cr: Kishan Reddy
The Hindu
Telangana farmers benefit from Modi government's strong support with CCI procuring cotton at MSP, said Union Minister Kishan Reddy
Telangana, which stands third in cotton production across the country, has received strong support from the Modi-led Central Government with the Cotton Corporation of India (CCI) procuring 210.19 lakh quintals cotton worth over worth ₹15,556 crore, providing direct benefit to nearly nine lakh farmers in the current crop season 2024-25, said Union Minister of Coal & Mines and State BJP president G. Kishan Reddy on Wednesday (March 26, 2025).
In the last 10 years, from 2014-15 till 2024-25, ₹58,000 crore worth of cotton was procured at Minimum Support Prices (MSP), benefiting lakhs of farmers. Every year, based on the recommendations of the Commission for Agricultural Costs and Prices (CACP), the Central Government announces MSP for 22 agricultural commodities, including cotton. The MSP is fixed in such a way that it is at least 50% higher than the cost of production, he said in a press release.
In the case of cotton, whenever market prices fall below MSP levels, the Centre steps in through CCI to procure the crop from farmers at the declared MSP, he said, pointing out that 110 cotton procurement centres have been set up across the State for this year’s crop season.
The Minister said MSP for cotton, which was ₹3,750 per quintal in 2014-15, has increased to ₹7,121 per quintal by 2024-25. At a time when open market prices for cotton dropped, the Modi Government stood firmly with farming families in Telangana by procuring cotton at MSP on a large scale. The Centre is continuously supporting farmers in every aspect of agriculture—from soil testing, seeds, fertilizers, farm equipment, crop loans, crop insurance, irrigation projects, and storage facilities to MSP procurement, as per the press release.
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