Cotton Procurement Halted in Erstwhile Karimnagar Over New CCI Guidelines
By ashish wagh 2024-11-11 13:59:58
Due to new CCI guidelines, cotton procurement in the former Karimnagar was halted.
The cotton procurement process has come to a complete halt in the erstwhile Karimnagar district as all 11 ginning mills in the region have suspended operations in protest against the recently introduced guidelines by the Cotton Corporation of India (CCI).
The new CCI guidelines mandate a sequential allocation of mills using a serial numbering system (L-1, L-2, L-3, etc.), with procurement starting at the first mill and progressing according to the assigned order. Mill owners argue that this policy could disadvantage those assigned lower numbers, leaving them without sufficient cotton for purchase once higher-priority mills have completed their intake.
Since Monday morning, the suspension of procurement has affected all 11 ginning mills in the district. However, officials remain optimistic that the issue will be resolved soon, as discussions between CCI representatives and mill owners are currently underway.