Question

The Cabinet approved MSP funding of ₹1,718.56 crore to the Cotton Corporation of India (CC

  • I . With reference to India's cotton sector, which of the following is NOT correct?
A CCI is the central nodal agency for undertaking MSP operations in cotton
B CCI procures all Fair Average Quality cotton without any quantitative ceiling when prices fall below MSP
C During 2023-24, India's cotton area was 114.47 lakh hectares with 325.22 lakh bales production
D India's share in global cotton output during 2023-24 was approximately 25%
E CCI has procurement centres only in 5 major cotton-growing states
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