The district administration has urged the Cotton Corporation of India (CCI) to ensure that cotton cultivators of the district get remunerative price for their crop. As the open market price for cotton is low, the district administration has written to the CCI to procure cotton in the district.
If CCI procures cotton directly, the farmers will get the minimum support price of Rs.3,750 per quintal (for good quality) announced by the government. Price may vary depending upon the quality.
Farmers who spoke at the monthly grievances day meeting in Perambalur on Thursday said the open market price of cotton is quoting at Rs.3,200 to Rs.3,400 per quintal. Collector Darez Ahamed said that he has already written to CCI to open centres in Perambalur for procuring cotton. I have also cited the prevailing low price in the open market and high production in the district, he said.
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This year, the production of cotton has been high in Maharashtra, Gujarat, and Andhra Pradesh, and also in China.
Open market price of cotton is quoting at Rs.3,200 to Rs.3,400 per quintal
Cotton has been cultivated on 40,000 hectares this year in the district