As announced by B Susheela, Deputy Commissioner and Chairperson, District Task Force Committee, Karnataka Government, the Hubballi unit of Cotton Corporation of India (CCI) has opened cotton procurement centers in the Yadgir district under the Union Government’s Minimum Support Price (MSP) Scheme for 2024-25 to allow farmers to sell cotton at these centers.
These centers will procure only 12 quintals of cotton per acre under the scheme after inspecting its quality. They will not purchase cotton with more than 12 per cent of moisture content in it. Medium quality cotton will be purchased at Rs 7,121 per quintal while best quality cotton will get Rs 7,521 per quintal.
The procurement centers opened in the district include Soudagar Cotton Mill, Managanal village; Balaji Cotton Industries, Saidapur; R.S. Fibres, Maddarki; Manjit Cotton Mill, Gogi (K) and Aralahalli Cross; Basavajyothi Cotton and Ginning Factory, Aralahalli Cross; Basavaraj Sajjanshetty Cotton and Agro Industries, Hallisagar; Manikanth Cotton and Ginning Industries, Hulakal, and Jailaxmi Cotton Mills, etc.
