The Tamizhaga Cauvery Vivasayigal Sangam has alleged that cotton auctioning withinside the district has been affected because of a syndicate a few of the bidders. Talking to journalists after elevating the difficulty with officers of the Regulated Market at Mannargudi on Wednesday, TCVS preferred secretary P. R. Pandian stated the cotton public sale in delta districts started with the State authorities solving a base rate of ₹60.eighty according to kg. Till a fortnight ago, the rate quoted through the bidders on the regulated markets in which auctioning of cotton became performed hovered between ₹a hundred to ₹a hundred and ten and proceeds had been credited withinside the farmers` accounts.
However, because the arrivals on the regulated markets increased, the bidders shaped a cartel and pulled the bidding rate under the bottom rate. Further, they presented their bids for selective masses most effective forcing different cotton cultivators to marketplace their produce withinside the open marketplace. Claiming that the farmers had been pressured to hotel to misery sale, Mr. Pandian exhorted the State authorities to interfere and store the delta farmers who had converted to coins crop cultivation all through summer time season in place of cultivating paddy as according to the commands from the State authorities. He advised the authorities you bought and promote the produce to traders/consumers withinside the districts in which cotton remained the high uncooked fabric for production. Meanwhile, legitimate reassets stated cotton public sale became being performed on the regulated markets as according to the policies and regulations.