Cotton Market Update:..... So cotton will be returned; Know in detail what is the reason for this.
2025-02-14 11:48:58
Cotton Market Update: There will be a return of cotton; find out the specific reason why.
The shutdown of the cotton procurement software has caused chaos across the country. In this situation, vehicles parked at the Cotton Collection Center (CCI) were towed.
Since the online website was closed, off-record records were kept at the CCI center. This cotton has been kept aside.
The glitch in the CCI software continued for the second consecutive day. Due to this, the CCI's cotton procurement remained suspended. The cotton that came to this center was purchased outside the record. Along with this, farmers were also asked to write a self-declaration form for this cotton. However, cotton procurement bills have been stopped.
On Wednesday (February 12), the price of cotton at a private cotton collection center was Rs 7,200 per quintal. This price was received only by some cotton sellers. However, traders bought other cotton at cheaper prices. This caused huge losses to the farmers.
Private traders are taking advantage of this situation due to the closure of CCI's cotton procurement. An attempt is being made to create financial difficulties for farmers by buying cotton at low prices.
...then I will return the cotton
* If the cotton received at the cotton procurement center is not in accordance with the rules, it will be returned. Only after the online process starts, it will be known whether this cotton is in accordance with the standards or not.
* Information about the amount of cotton sown on Satbara online and the amount of cotton actually brought by the farmer to this center will be available.
* If the cotton is more or there is any confusion between the registration process and the Aadhar card, then this cotton will be returned. A self-declaration form has been written.
Closed till further notice
The system expected that the cotton procurement site would be repaired within a day. However, the website has not been operational for two days. This has created a big problem. Due to this, the CCI Center has issued a letter saying that the purchase of cotton will remain closed till further orders. Therefore, farmers will have to wait now.
