Alliance BJP President G. Kishan Reddy said the minimum support price for cotton increased from Rs 3,750 in 2014-15 to Rs 7,121 per knight in 2024-25. This image is for representation only. |Photo source: Nagara Gopal
Telangana ranked third in cotton production in the country, and he received one-fifth of cotton from Cotton Corporation India (CCI) and a direct income from cotton cotton worth Rs 15556 crore, providing nearly $90 million of farmers with cob and Coal and Coal and Bj for 2024-25 years. 2025).
Over the past 10 years, from 2014-15 to 2024-25, cotton worth Rs 580,000 crore was purchased at the lowest support price (MSP), benefiting hundreds of thousands of cotton from farmers. Each year, the central government announces the MSP for 22 agricultural products, including cotton, according to the recommendations of the Agricultural Cost and Price Committee (CACP). He said in a press release that the fixed way of MSP is at least 50% higher than the cost of production.
As for cotton, he said, whenever the market price is below the level of MSP, the CCI center gradually purchases crops from farmers of announced MSPs, noting that 110 cotton procurement centers have been set up throughout the state this year during the crop season.
The minister said that by 2014-15, cotton’s MSP was Rs 3,750 per male punch and had increased to Rs 7,121 per kilometre by 2024-25. As cotton open market prices fell, the Modi government stood with Telangana’s farming families by buying cotton on MSPs on a large scale. According to the press release, the center is constantly supporting farmers in all aspects of agriculture, from soil testing, seeds, fertilizers, agricultural equipment, crop loans, crop insurance, irrigation projects and storage facilities to MSP procurement.
publishing – March 27, 2025 at 12:41 pm IST
