Cotton pooled to be ginned or pressed into bales and to be sold or otherwise disposed of by Government at certain price

General197151 sections12 chapters

Chapter V MODE OF FIXING AND PAYMENT OF PRICE FOR COTTON TENDERED AT COLLECTION CENTRES

Statutory text

(1) The State Government shall cause the [cotton] pooled under section 22 [ginned or pressed] into bales ; and shall, subject to the directions (if any) issued by Textile Commissioner under any law for the time being in force, cause [the bales or ginned cotton to be sold] or otherwise disposed of in the prescribed manner.
(2) Subject to sub-section (1), [the bales or ginned cotton shall be sold] or disposed of—
- (a) at such procurement prices as may be fixed by the Central Government or by the Textile Commissioner on the advice of the Agricultural Price Commission under any law for the time being in force, for the different varieties of cotton grown in the country;
- (b) in any other case, [in the prescribed manner.] [(2A) The State Government shall further cause the cotton pooled under section 22 to be released for sale at such prices and in quantities as may be specified by the Cotton Co-ordination Committee established under sub-section
(2) of section 24.] [(3) Notwithstanding anything contained in this section it shall be lawful, for the State Government to set aside such quantity of kapas pooled under section 22 as it thinks necessary, having regard to the interests of the growers, for meeting any requirements of students undergoing training at the approved basic training schools in the State, and sell kapas for the purpose at such price as it may fix in that behalf.]

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