Related Keywords: 41 lakh cotton bales, Cotton Advisory Board, cotton corporation of India, decline in domestic price, ICAC, MSP
State-run Cotton Corporation of India (CCI) to protect farmers from sharp decline in domestic prices has picked up 41 lakh bales of 170 kg each so far this year at the minimum support price ( MSP) from key growing states like Andhra Pradesh, Telangana, Gujarat, Punjab, Haryana, Rajasthan and Maharashtra.
Of which 27 lakh bales of cotton have been purchased from Andhra Pradesh and Telangana, 7,00,000 bales from Maharashtra, 2,20,000 bales from Gujarat and around 2,00,000 bales from Punjab, Haryana and Rajasthan. The procurement operations was started by CCI from October 2014
