Watch Free Classes
UPSC » Daily News Analysis ‘Cotton Corporation of India (CCI) to buy over 100 lakh bales of cotton at MSP’: 12 February

Daily News Analysis ‘Cotton Corporation of India (CCI) to buy over 100 lakh bales of cotton at MSP’: 12 February

Table of Content

Key Details Related to Cotton Crop

Type

Kharif Crop

Climate

21-30°C, Minimum of 180 frost-free days

Rainfall

50-100 cm (Nearly 65% of the cotton area is rain-fed)

Major Producing States

Gujarat, Maharashtra, Telangana, Andhra Pradesh, Rajasthan

India’s Position

2nd largest producer (After China)

Soil

Black cotton soil (High moisture retention)

Species of Cotton

Species grown in India:

  • Asian Cotton (Gossypium arboreum & G. herbaceum)
  • Egyptian Cotton (G. barbadense)
  • American Upland Cotton (G. hirsutum)

Global Cotton Belts

Found in the USA, China, India, Brazil, Australia, and Africa

About Cotton Corporation of India (CCI):

    • Government Entity: CCI is a Central Public Sector Undertaking (CPSU) under the Ministry of Textiles.
    • Established: It was set up in July 1970.
    • Headquarters: Located in Navi Mumbai.

  • Objectives of CCI:

    • Ensures fair distribution of cotton to different industry stakeholders.
    • Supports cotton farmers by purchasing cotton at a Minimum Support Price (MSP) when market prices drop.
    • Works to stabilise cotton prices, helping both farmers and the textile sector.

Why in News?

  • CCI is expected to buy over 100 lakh bales of cotton at MSP by September 30, 2025.