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.
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.
Mission “Helping cotton farmers by ensuring them remunerative price for their produce and thereby protect their interest.”
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.
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 CCIs own risk. To purchase cotton to fulfil the export commitments. To act as implementing agency for Mini Missions III & IV of TMC.
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.
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.
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.
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.
Contract FarmingTo 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.
Technology Mission on Cotton Technology Mission on Cotton was launched in February2000 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.