2. History
CCI was established on 31st July 1970 as
a Government Company registered under
the Companies Act 1956.
In the initial period of setting up, as an
Agency in Public Sector, Corporation was
charged with the responsibility of
equitable distribution of cotton among the
different constituents of the industry and
to serve as a vehicle for the canalization
of imports of cotton.
3. As per the Policy directives from the
Ministry of Textiles, Government of India
in 1985, the Corporation is nominated as
the Nodal Agency of Government of
India, for undertaking Price Support
Operations, whenever the prices of kapas
(seed cotton) touch the support level.
4. Mission
“Helping cotton farmers by ensuring
them remunerative price for their produce
and thereby protect their interest.”
5. Vision
Achieving the twin visions of
(a) rendering help to the cotton farmers by
way of social services and
(b) endeavouring to attain commercial gain
by sustained growth of the Corporation.
6. Objectives
To undertake price support operations,
whenever the market prices of kapas touch
the support prices announced by the
Government of India, without any
quantitative limit.
To undertake commercial operations only at
CCI's own risk.
To purchase cotton to fulfil the export
commitments.
To act as implementing agency for Mini
Missions III & IV of TMC.
7. Operation
Extending necessary marketing support
to the cotton growers in selling their kapas
produce at most competitive prices in the
various market yards in all cotton growing
States through timely intervention
Procurement operations spread over
more than 225 market yards in the
country.
8. Operation
CCI buys raw cotton directly from the
cotton farmers through the aegis of
Agricultural Produce Market Committees
(APMCs) conducted auctions in the
APMC yards.
CCI officials are present in such markets
from the day one of the arrivals till the
same continues.
9. All such purchases by CCI are in open
competition with other traders and State
agencies participating in the auctions and
the main objectives remain to ensure
remunerative prices to the cotton farmers
/on the one hand and procure standard
quality raw cotton on the other hand.
10. At present, CCI is operating in all cotton
growing States 258-300 procurement
centres under the control of respective
Branch Office in each State. Apart from
15 Branch Offices, there are 4 Sales
Branches to cater to the needs of the
textile mills for sale and supply of quality
cotton as also for rendering the necessary
after sales services.
12. Contract Farming
To give a boost to cotton production
through Contract Farming, CCI is
undertaking contract farming programme
in all the cotton growing States since
2002-03 and signing MoUs every year
with the Farmers' Association.
13. Technology Mission on Cotton
Technology Mission on Cotton was
launched in February'2000 in the course
of 9th plan with the objective to bring
about tangible improvements in the
productivity and quality of cotton in the
country. It envisages development of all
aspects of cotton from research to
production, marketing and processing, in
order to meet the domestic and export
requirements of the country.
