Cotton Corporation of India Paid Dividend of ₹8.89 Crore to Central Government

The Cotton Corporation of India Ltd. (CCI), a Public Sector Undertaking under the Ministry of Textiles, today presented a dividend cheque amounting to ₹8.89 crore for the financial year 2024–25 to the Union Minister of Textiles, Shri Giriraj Singh, at a formal ceremony held in New Delhi. 

CCI’s Performance in FY25

Commending CCI’s sustained performance, the Union Minister of Textiles highlighted the Corporation’s continued focus on growth, operational efficiency, transparency, and innovation as critical drivers for strengthening India’s cotton and textile value chain. He reiterated CCI’s crucial role in ensuring remunerative prices for cotton farmers through effective MSP operations, while also maintaining stability in the domestic cotton market.

During FY 2024–25, CCI recorded a turnover of ₹20,009 crore, one of the highest in the Corporation’s history. The declaration of the dividend underscores CCI’s strong financial health, operational excellence, and its continued contribution to the Government of India, alongside fulfilling its core mandate of protecting farmers’ interests and ensuring market equilibrium.

Strengthening MSP Procurement and Farmer Outreach

To enhance outreach and effectiveness under MSP operations, CCI significantly expanded its procurement infrastructure by establishing 571 procurement centres across 150 cotton-growing districts, up from 508 centres in the previous season. The liberalised norms for opening procurement centres have improved last-mile access, particularly benefiting small and marginal farmers, while also reducing transportation costs and waiting times.

Farmer empowerment remained central to MSP operations through the Kapas Kisan Mobile App, which has over 46 lakh registered farmers. The app has transformed MSP procurement into a transparent, paperless, and farmer-friendly system, offering features such as self-registration, advance slot booking, Aadhaar-linked payments, and real-time SMS notifications at every stage, from procurement to payment.

Digital Transformation and Traceability

CCI has achieved 100% traceability of cotton bales through its Blockchain-based Bale Identification and Traceability System (BITS), enabling seamless end-to-end tracking from procurement to processing using QR-code technology.

On the buyer side, CCI strengthened Ease of Doing Business through CotBiz, its online Cotton Seed and Bale Billing System. CotBiz enables faceless, paperless e-auctions supported by real-time dashboards, digital contracts, invoices, and gate passes, all fully integrated with CCI’s ERP system, marking a significant leap in transparency, efficiency, and digital governance.

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