(a) the role and functions of the Cotton Corporation of India;
(b) whether Government has reviewed the functioning of this Corporation during the last three years;
(c) if so, the details thereof indicating the outcome of such review and action taken by the Government thereon;
(d) whether the Government has received any complaint/irregularity in CCI;
(e) if so, the details thereof; and
(f) the steps taken by the Government in this regard?
MINISTER OF TEXTILES( SHRI SHANKERSINH VAGHELA )
(a) The role and functions of the Cotton Corporation of India (CCI) are:-
(i) to undertake Minimum Support Price (MSP) operations, whenever the market price of kapas falls to the level of the MSP announced by the Government of India;
(ii) to undertake commercial operations at its own risk; and
(iii) implementation of Mini Missions-III & IV of the Technology Mission on Cotton.
(In Crore Rupees)
2002-03 2003-04 2004-05 (Prov.)
Turn-over 988.60 1053.77 1600.00
Profit (Before interest & Tax) 17.26 21.71 56.25