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The Cotton Corporation of India (CCI) is a public sector undertaking established in 1970 under the Ministry of Textiles, Government of India. Its primary objective is to promote and safeguard the interests of cotton farmers in the country and to ensure a stable cotton supply to the textile industry. As a nodal agency, CCI is responsible for several crucial functions: Cotton Procurement : CCI procures raw cotton directly from farmers at minimum support prices (MSPs) declared by the government. This practice ensures that farmers receive a fair price for their produce and protects them from market fluctuations. Price Support : CCI intervenes in the market to support cotton prices whenever they fall below the MSP, thus preventing distress selling by farmers. Buffer Stock Management: The CCI maintains a buffer stock of cotton to stabilize prices and meet the demand of the domestic textile industry during lean periods. Cotton Marketing: Acting as an intermediary between cotton growers and ...