Related Keywords: CCI, cotton corporation of India, cotton farmers, cotton market price, Cotton price in Andhra Pradesh, Cotton price in Telangana, textlle ministry, Vidarbha farmers
The State-run Cotton Corporation of India (CCI) has started procuring cotton at the minimum support price (MSP) in Andhra Pradesh and Telangana to protect farmers. So far, 58,000 bales of cotton have been procured from Andhra Pradesh and Telangana as the market price in these two states have fallen below the MSP rate of Rs 4,050 per quintal
CCI started MSP operation last month. About 55,000 bales of cotton were procured from Adilabad and Warangal region of Telangana, while the rest 3,000 bales from Guntur in Andhra Pradesh, the official said.
