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Related Keywords: 41 cotton market yards, computers and software, cotton, Cotton Corporation India, cotton purchase, cotton purchase centres, ginning mills, required machinery, Rs 5450 per quintal to procure cotton

Speaking with the district collectors, Rao ordered them to turn Cotton and ginning mills as cotton purchase centres like last year. He also released confidence saying that the cotton farmers will show interest to sell the cotton to CCI at MSP.

He also promised to sort all the issues by discussing with the ginning officials in Mumbai. He also ordered the marketing officials to make compulsory arrangements like providing the required machinery, computers and software at the purchase centre.

Related Keywords: Chairmanship, cotton purchase, for sick textile mill, Kiran Talekar, MLA BJP, Newly restructured committe, one time settlement scheme, power loom operator, powerloom and textile sector, refund of value added tax, Suresh Halwankar

The newly-restructured committee on reforms in the power looms and textiles sector, under the chairmanship of Suresh Halwankar has been asked by the government to come up with some recommendations for the survival and growth of the textile industry. In this connect, he sees privatization as one-time settlement scheme for sick textile mills, where private players will be given 51% share of the mill to revive them.

Related Keywords: Agriculture Advisory Committee, buy one million cotton bales, cotton farmers, cotton purchase, Economic Coordination Committee, Pakistan Textile Ministry, Sindh and Punjab, support cotton price, Trading Corporation of Pakistan

The Trading Corporation of Pakistan (TCP) has not been in the business of cotton purchase since 2005-06, but this year after a decision taken by the Economic Coordination Committee (ECC) the corporation revived its centres in Sindh and Punjab for the procurement drive.

The TCP will start buying one million bales of cotton from farmers in the first week of November and achieve the goal in one and a half month.