Maharashtra Cotton Association Aurangabad Conference
2024-09-21 13:32:52
Maharashtra Cotton Association's Conference at Aurangabad
Key Insights from Chief Guest Lalit Gupta at the Cotton Conference
Lalit Gupta ji expressed pleasure at being invited as the chief guest at the conference, noting the high registration and distinguished attendees. He stated that the conference outcomes will provide a clear picture of the upcoming season and aid in understanding pricing mechanisms.
He emphasized the importance of digital technology for ginners, farmers, seed crushers, and millers to stay updated on current market scenarios. Gupta announced that farmers' accounts are now linked to Aadhaar, facilitating direct payments with a tracking system available in 11 languages.
It was decided that no procurement will take place after sunset. An online ginning tender system has been implemented, ensuring timely payments and effective storage management. Gupta confirmed that no deductions will be made for weights up to 165 kg per bale, down from the previous 170 kg. This year, CCI has successfully procured around 33 lakh bales using QR codes for online sales to traders and millers.
