State buys 44 lakh quintal cotton, assures continuation of MSP procurement
2025-03-21 10:47:09
The state guarantees the continuation of MSP procurement while purchasing 44 lakh quintals of cotton.
Nagpur: The Maharashtra government has bought 44 lakh quintal cotton through the Cotton Corporation of India (CCI) till March 18, ensuring farmers get minimum support price (MSP), marketing minister Jaykumar Rawal informed the Legislative Council on Thursday.
Responding to a question posed by city MLC Abhijeet Wanjari during a short duration discussion, Rawal assured the House that cotton procurement has not been stopped and 124 cotton procurement centres are operational across the state. This year, the MSP for long-staple cotton was fixed at Rs 7,521 per quintal, while for medium-staple cotton it was Rs 7,121 per quintal. Cotton is processed through ginning and pressing units, with agreements being made from September to September every year.
The minister reaffirmed the government's commitment to increasing farmers' income by improving irrigation capacity, strengthening infrastructure and expanding market opportunities. Maharashtra is the first state in India to launch a Private Market Committee Policy with the aim of streamlining agricultural trade and benefiting farmers.
