Friday, September 11, 2015

Hype over quantity of cotton produce

Cotton commission agents and owners of the private ginning and pressing factories are busy in creating hype about quality of cotton yield for this Kharif in the Adilabad district of Telangana. 

They were preparing a ground for indulging in irregularities like in the past in purchasing cotton at cheaper rate from Maharashtra and sell the same to CCI and get good margin.

It is alleged that cotton commission agents amassed huge wealth though fraudulent means in Adilabad. There were many incidents where it was shown in the commercial cotton purchases that a farmer who cultivated cotton in his five acre land sold 250 quintals of cotton in the last Kharif.

Hardly farmers get 15-20 quintals of cotton yield in one acre that too in black soil with the irrigation facility otherwise farmers get an average 10 quintals in one acre land in the district.

Some of the cotton commission agents and owners of factories were mounting pressures on the cotton farmers to sell their cotton produce much earlier without waiting for higher price for their yield in the international market.

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