Cotton Corporation of India
- March 11, 2023
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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Cotton Corporation of India
Subject :Polity
Section: National body ( Statutory Bodies)
Concept :
- The Cotton Corporation of India (CCI) will procure fair average quality (FAQ) grade cotton from farmers till March 31 for the 2022-2023 cotton season.
- The CCI said in a press release that the minimum support price (MSP) scheme provides an alternative marketing channel for cotton farmers to sell FAQ-grade cotton at MSP rates.
About Cotton Corporation of India
- Cotton Corporation of India was established in 1970 under Companies Act 1956.
- It’s a Government of India’s corporate agency, engaged in diverse activities related to trade, procurement, and export of cotton.
- CCI is governed by Textile Policy 1985 issued by Ministry of Textiles, Government of India.
- CCI operates in the following states as of now – Punjab, Haryana, Rajasthan, Gujarat, Maharastra, Madhya Pradesh, Andhra Pradesh, Karnataka , Tamil Nadu and Orissa.
For notes on Cotton Crop, refer – https://optimizeias.com/herbicide-tolerant-cotton-set-to-get-recommendations-for-release/