August -2014 
1 
Kapas Bhavan, Sector 10, CBD, Belapur, NAVI MUMBAI 400 614. 
Telephone No. 27579217, Fax No.27579219. 275...
A BRIEF ABOUT 
THE COTTON CORPORATION OF INDIA LTD (CCIL) 
• CCIL was established on 31st July 1970. 
• It is the single l...
OBJECTIVES 
BRIEF ABOUT CCI.. 
• To undertake Minimum Support Price operations 
(MSP), whenever the market prices of kapas...
TRADITIONAL SALES SYSTEM 
• Price of various varieties are fixed by the Price Fixation 
committee in the morning. 
• The s...
NEW SYSTEM FOR SALE 
ON THE PRINCIPLES OF E-GOVERERANCE 
• Introduced sale of FP bales through e-sale (electronic 
Auction...
• E-Auction starts automatically at the time specified by 
Corporation on daily basis. The bidding quantity is 
fixed befo...
E-AUCTION PROCESS 
• Bids are accepted at floor price and above in multiple of 
Rs. 100. 
• Buyer can put multiple bids, s...
• Convenience of Buyers/Sellers. 
• More transparency and better price realisation due to 
competitive bidding. 
• Carteli...
• Buyers are able to make bids without being restricted by their 
geographical location. 
• An accelerated process shorten...
The Corporation has taken up a major project in IT i.e. ERP 
implementation in the Corporation : 
• To achieve centralized...
…ERP 
• Appointed M/s. Wipro Ltd. as consultant having rich experience 
in providing consultancy services for implementati...
…ERP 
The major advantages after implementation of ERP in the 
Corporation are detailed below : 
 Elimination of duplicat...
…ERP 
 Greater accuracy of information with detailed content, better 
presentation 
 Faster response and follow up with ...
• IT initiative for upgradation, enhancement and redesigning 
website of the Corporation. 
• The new website was developed...
• Corporation has made compulsory 100% payment to 
Ginning and Pressing factories through e-mode. 
• Focus to maximize the...
16
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eGov KE Lonavla 2014- L K Gupta, Chief General Manager, Cotton Co-operative of India Ltd.

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eGov KE Lonavla 2014- L K Gupta, Chief General Manager, Cotton Co-operative of India Ltd.

  1. 1. August -2014 1 Kapas Bhavan, Sector 10, CBD, Belapur, NAVI MUMBAI 400 614. Telephone No. 27579217, Fax No.27579219. 27576030 Email: headoffice@cotcorp.com Web: www.cotcorp.gov.in
  2. 2. A BRIEF ABOUT THE COTTON CORPORATION OF INDIA LTD (CCIL) • CCIL was established on 31st July 1970. • It is the single largest agency on behalf of Government of India engaged in procurement of cotton from the farmers in the country. • Operates in all the major cotton growing States with its 14 Procurement Branches and around 300 procurement centres under their jurisdiction. • Kapas is purchased in Regulated/Notified Market yards only. • Transportation, Ginning and Processing, Storage arrangements are made through proper tendering process before commencement of purchases. 2
  3. 3. OBJECTIVES BRIEF ABOUT CCI.. • To undertake Minimum Support Price operations (MSP), whenever the market prices of kapas touches the support prices announced by the Government of India, without any quantitative limit; • To undertake Commercial Operations (CP) only at CCI's own risk; • To act as implementing agency for Mini Missions III & IV of TMC. 3
  4. 4. TRADITIONAL SALES SYSTEM • Price of various varieties are fixed by the Price Fixation committee in the morning. • The sale quotes are displayed on the web site of the Corporation. • All offers received upto cut off time are compiled and placed before Purchase and Sales Committee. DIFFICULTIES: • Intra day price fluctuations. • Communication, paperwork, human intervention. 4
  5. 5. NEW SYSTEM FOR SALE ON THE PRINCIPLES OF E-GOVERERANCE • Introduced sale of FP bales through e-sale (electronic Auction) in the financial year 2013-14. by appointing M/s. NSE-IT Ltd. as solution provider . • It is an e-business between auctioneers and bidders, which take place on an electronic market place. • Before participating in e-auction, each Buyer has to register themselves with the Corporation. • The registered buyer is provided with digital signature. 5
  6. 6. • E-Auction starts automatically at the time specified by Corporation on daily basis. The bidding quantity is fixed before start of e-auction which is displayed with their respective floor rates. • Bids were accepted at the highest rate of the respective category. The identity of the bidders is not disclosed during the e-auction. 6 …..NEW SYSTEM FOR SALE
  7. 7. E-AUCTION PROCESS • Bids are accepted at floor price and above in multiple of Rs. 100. • Buyer can put multiple bids, subsequent bidding value should be greater than previous bid. • If any bid is received in last 3 minutes of auction, session timing get extended automatically by 5 minutes (max 3 times i.e. 3 slots of 5 minutes, if same scenario repeats in extended session). After 3rd extension of session there won’t be any further extension of the session. • At the end of the session maximum value price bid receive for that particular auction will be the winning bid. 7
  8. 8. • Convenience of Buyers/Sellers. • More transparency and better price realisation due to competitive bidding. • Cartelization of Brokers/Mills avoided. • An efficient, open and transparent system and clear audit trail of transactions. • Participants receives real-time market information. • Contracts are issued faster. • Efficient real time bidding Process. • Avoiding manual intervention and biasness. 8 BENEFITS OF E-AUCTION
  9. 9. • Buyers are able to make bids without being restricted by their geographical location. • An accelerated process shortens the sell cycle time by reducing the efforts. • Anonymous online event creates a “level playing field” i.e. a fair and competitive market. • Time benefits : reduction in paperwork. • Ease and speed of communication to multiple bidders • Secure bidding environment. Security code/password is confidential • The ability to submit more than one bid. 9 …BENEFITS OF E-AUCTION
  10. 10. The Corporation has taken up a major project in IT i.e. ERP implementation in the Corporation : • To achieve centralized database • To have online integration between all functional activities • To have online integration with all locations (Head Office and Branch Offices) and • To meet our business requirements & future challenges. With this the Corporation has moved towards business automation & e-Governance. 10 ERP
  11. 11. …ERP • Appointed M/s. Wipro Ltd. as consultant having rich experience in providing consultancy services for implementation of ERP in many PSUs & business entities. • Corporation implemented Oracle E-business Suite as ERP Software Business Solution (software package) through M/s. Capgemini India Pvt. Ltd. as System Integrator. • Corporation has established data centre at HO, Navi Mumbai and implemented WAN (Wide Area Network) connectivity between HO and Branches. • Modules for ERP are Procurement, Sales & Distribution, Materials Management, Discrete Manufacturing for processing of cotton, Finance, HR & Payroll, CPF and Vigilance, which covers entire functional activity of the Corporation. 11
  12. 12. …ERP The major advantages after implementation of ERP in the Corporation are detailed below :  Elimination of duplication of data at different locations and in different application  Ease of Review & Monitoring as the data is available timely and online  Reduction in paper documents by providing on-line formats for quickly entering and retrieving information.  Improved timeliness of information by permitting, posting daily instead of weekly, monthly or quarterly. 12
  13. 13. …ERP  Greater accuracy of information with detailed content, better presentation  Faster response and follow up with customers  Better monitoring and quicker resolution of queries.  Quicker response to change in business operations and market conditions  Helps to achieve competitive advantage by improving its business process  Improved supply-demand linkage with remote locations and branches  Provides a unified customer master database usable by all applications  Improved operations by supporting a variety of tax structures, invoicing schemes, multiple currencies and multiple period accounting.  Improved information access and management throughout the enterprise. 13
  14. 14. • IT initiative for upgradation, enhancement and redesigning website of the Corporation. • The new website was developed using the latest technology on ‘dot net’ platform AND keeping in mind the Guidelines of Indian Government Website (GIGW) & Web Contents Accessibility Guidelines (WCAG). • It is helping the users including disabled persons to navigate and access the website with ease. • The new website is also available in Hindi, where all the items listed in English website is available in Hindi. Further, the dynamic moving contents are also made available in Hindi. 14 UPGRADATION OF WEBSITE
  15. 15. • Corporation has made compulsory 100% payment to Ginning and Pressing factories through e-mode. • Focus to maximize the e-payments to cotton farmers and other areas. 15 E-PAYMENTS TO FARMERS, VENDORS, CONTRACTOR
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