Indian Cotton Solutions

Farmer Services

Farmer Services

Special Note : All Members can check raw cotton MSP prices through crop rate calculator, lint MSP rate through lint rate calculator and Yarn MSP through Yarn MSP calculator provided above links on your home page by proper log in to your account.

 

 

Indian cotton farmers will be benefited by the value addition through Ginning, baling and selling directly to spinners without middlemen. They get maximum benefit of this system in various ways.

 

1. Farmers can avail our services at their door step with nominal cost [Rs 254/+18% GST] total Rs 300/-sample  through " Kisan Kwality Kendra" [KKK] total 5 mobile labs [2 in AP and 3 in Telangana] and one fixed lab in Guntur we are establishing, all these veichles  going every day One AMCs [Agricultural Market commitees] of cotton belt area in AP and Telangana this year, AMCs  will provide power supply to these labs [and will spread to allover india from next year onwards] where it was tested, lint yield %,  and entire quality parameters of 2.5% span length, micronaire, strength of fibre for farmers, beased on that farmers will know how much rate he will get for his crop, so farmers cansell their kappas to any ginner as per above quality reports and estimated crop rates, if any ginners are not interested to buy kappas at that rate Indian cotton solutions.com will make ginning on behalf of farmers and sell to Spinners directly.[this service will be avialble at present in AP and telangana only slowly will start other parts of India too]

2] Farmers can sell their crop [kappas] directly through our online system with the help of our Mobile cotton lab team, who can register the farmer details and  test the crop and entered the details of quantity in quintals, quality, LYP% and Mositure in our system, once it was entered in our system our sytem will send auto sms alert to all concerned ginners, so that they can buy online with bank Guranty, once material reaches to ginning mills they have to make the payment to admin, admin will make paymnet to farmers. Here service charges will be collected @50 paise per kg from farmers and balnce will be paid to farmers.  

 

3.  With Mobile lad reports Farmers can avail LBAK [Lint bales against kappas] exchange his ready Kappas must be 500 quintals with one ready lot of lint bales with ginners as per Kappas quality reports of Indian cotton solutions.com and estimated quantity of lint on the same day and balnce paymnet if any will collect from ginner and pays to farmer,farmer can avial pledge loan in their banks and avail upto 75% of crop amount in his hands or  Indian cotton solutiosn.com will sell the bales on behalf of farmer and realise their amount with in 15 th day or even in cash terms too.

 

4.   Farmers will get minimum support price(MSP) always even when market does not favour.

 

5.    They get maximum price realisation by holding the bales and selling whenever market favours to them only    within 180 days’ time.

 

6.    They can enjoy commodity loan facility from bankers if they wish.

 

7.    More freedom to enjoy direct marketing to spinners, traders and exporters/importers.

 

8.    All payment realisation is only through NEFT or RTGS to their registered bank accounts.

 

9.    Individual farmers and other groups such as Rytu Mitra Group(RMG), Joint liability group(JLG) and Self-help group(SHG) should bring minimum 125 quintals of crop.

 

10.     RMG stands for Rytu Mitra Groups. It is certified by agricultural officer or Tahsildar or MRO.

 

11.     SHG stands for Self-help groups of ladies registered By MRO or Tahsildar.

 

12     JLG stands for Joint liability groups certified by local agricultural officer or Tahsildar or MRO.

 

13.    Registered Spinning and textile association can also be registered as farmers and buy cotton crop from farmers and can process it in our concept and then whatever the profit is out of this concept can be utilised for the betterment of individual cotton farmers supplied to them as bonus and cotton crop development purpose.

 

Our service works this way:

 

Farmers concept will be worked based on Lint Yield% reference percentage. During farmer crop adding in our concept, ginner must explain and brief about calculations and show it to the farmer of what is the estimated crop rate in all 8 sale options that farmer will receive as per their lint and seed% levels in our concept. Farmer can check this in his home page under crop rate calculation option/lint rate calculation option, by entering lint and seed % for his better idea to choose the sale option. Please note ICS.com P Ltd not responsible for variations of calculations. It may not be exactly as per table of reference because sometimes yield rates will be based on land standards & characters, seed standard & seed characters and cultivation standards & also the care taken by each farmer.

Farmer should check the Crop rates after the LYP % checked in ginning mills through entering all LYP values and quantity of crop so that the system will display the crop rates from MSP 1 to MSP 6 options based on prevailing cotton seed rates and lint bale rates. It is the approximated rate with our concept; it varies among farmers based on his Lint yield percentage.

After knowing the LYP% and crop rates in different options farmer should choose the sale option. Out of 8 options, 6 are MSP options and rest are normal sales and stock sale options.

Normal sale options of FOS [Farmer option sale/ BOS [Buyer option sale] on alternate days in the week of Monday to Saturday [Sunday is holiday].

Stock option sale: Farmer can take his bales back after ginning and stock it until market rates improve and get good return rates for his crop.

 

1] The objective of this concept is to get better price realization to farmer over the Government of India’s fixed minimum support price by providing value addition to the farmer’s crop. 

 

2] ICS Pvt Ltd as consignment agent and service provider agreed to act as the service provider and practically act as consignor agent to provide ginning, baling, selling their related products on behalf of consignor and collecting the payments as per agreed terms and conditions. 

 

3] The farmer, RMG or SHG or JLG or consignor should register his details of crop, bank, and Aadhar Card and address proof in the website of consignee because when the material is brought to ginning mills official crop receipt of system generated. Farmers should register at least 24 hours prior to the day of their expected process because ICS Pvt Ltd must approve the registration with due diligence. 

 

4] Farmer or RMG or SHG or JLG as consignor will deliver their raw cotton called “CROP” of minimum of 125 quintals to ginning mills allotted to them as per software. During the delivery, farmer should check the Lint yield percentage [LYP%] seed yield percentage [SYP%} and invisible loss percentage[ILP%] by trial ginning. The data will be entered online by ginner and the farmer approves the quantity, LYP, SYP and ILP because this data will be more useful during selling the bales. With 1 % of LYP percentage there will be ₹ 60 to 100 per kg depending on the market situation. The crop delivery date and crop receipt date will be the same. Please note that Crop receipt date is basic for all pay-out dates. Crop receipt will be generated only after farmer does the online approval of the above functions of ginner.

 

5]The farmer will get official receipt as SMS under "crop number" of system generated of “ICS Pvt Ltd” consignment agent and service provider from respective ginning mill with their counter signature as receipt of “crop” from the “Farmer”. 

 

6]The farmer himself is responsible for the quality of the crop and the supply should be in loose from or in cotton cloth boras, grade should be good, moisture should be around 8% and proper transportation to ginning mills to ensure apt percentages and expected rates. 

 

7]The farmer gives the delivery of his crop to the allocated ginning mill @ MSP fixed by Govt Of India and the same will be taken as crop amount. ICS P Ltd consignment agent and service provider will make sure that farmer will get maximum benefit of price realization that is better than MSP. 

 

8] ICS Pvt Ltd as consignment agent and service provider is responsible to provide ginning, baling, selling, or returning the bales to farmer and make payments from 15th day of crop receipt date as per the sale option of farmer, sales and pay outs.

 

9] Farmers should bring their crop only as per allotted time and date not in advance or not in delay to avoid penalty from ICS P Ltd and to ensure smooth running of this concept and cash flows of all concerned.

 

10] Farmers sale options: Farmers can select their sale option during the delivery date of crop at ginning mills through ginner based on their cash flows. Present market situation and future market trend is based on selection of sale option by farmer.

 

ICS Pvt Ltd will sell the stocks of cotton seed and cotton lint bales in following options.

 

Farmer Bharosa sale options: [MSP Operations]

[In our entire concept, everybody should understand that the actual farmer pay-out starts from 15th day from crop receipt date, means buyer pay-out starts on 2nd day from purchase date after ginning and selling the bales by farmer will start on 12th day of crop receipt day.]

MSP sale options are available on all days from Monday to Saturday in our trade terminal No 1, between 10.30 to 16.30. Here our admin will enter the rates of cotton bales and seed prices that is fixed for all farmers, each farmer will be allowed to sell his/her bales and seed through this terminal for 3 days, mostly on 8th, 9th and 10th day of farmer receipt of crop. Those who are interested, buyer will select on terminal screen and choose to confirm the deal [first come first serve basis] it concludes the contract and system will send the confirmations and updates to farmers & buyers through mail and SMS to their registered contact details. If farmer’s stocks were not sold then he/she may be continued for another 3 days or can be switched over to farmer option sale or buyer option sale on 11th day with approval of admin, so that their pay-out dates will be changed accordingly which means instead of standard 15 days the pay-out dates may vary as per sale of stocks.

 

MSP SALES:                      

·         MSP 1 sale:  Here farmers will realise their money in 2 instalments on 15th day and 30th day respectively @ ₹4050/quintal of their crop from ICS Pvt Ltd by selling their bales @ ₹35500/- and cotton seed @ ₹1500/quintal to buyers. Stocks will be delivered to customers as per online sale allotment and same will be updated in system by admin and will be intimated to customers and to farmers through "Track of the Crop" via their registered mobile numbers.

Here farmers will get finance facility on next day on crop receipt in ginning mills up to 75% of crop amount up to 30 days until their realisation of actual sale amount or pledge loan whichever is earlier.

 

·         MSP 2 sale: Here farmers will realise their money in 4 instalments on every 15th day respectively @ ₹4090/- quintal of their crop from ICS Pvt Ltd by selling their bales @ ₹35850/- and cotton seed @ ₹1525/quintal to buyers. Stocks will be delivered to respective customers and updated in the system by admin for customers and automatically intimated to farmers through "Track of the Crop" to their registered mobile numbers.

Here farmers will get finance facility on next day on crop receipt in ginning mills up to 75% of crop amount up to 60 days until they realise actual sale amount or pledge loan whichever is earlier.

          

·         MSP 3 sale: Here farmers will realise their money in 4 instalments on every 15th day respectively @ ₹4130/quintal of their crop from ICS Pvt Ltd by selling their bales @ ₹36200/- and cotton seed @ ₹1550/quintal to buyers. Stocks will be delivered to respective customers and updated in the system by admin to customers and automatically intimated to farmers through "Track of the Crop" via their registered mobile numbers.

Here farmers will get finance facility on next day on crop receipt in ginning mills up to 75% of crop amount up to 90 days until they realized actual sale amount or pledge loan whichever is earlier. 

 

·         MSP 4 sale: Here farmers will realise their money in 4 instalments on every 15th day respectively @ ₹4170/quintal of their crop from ICS Pvt Ltd by selling their bales @ ₹36550/- and cotton seed @ ₹1575/quintal to buyers. Stocks will be delivered to respective customers and is updated in the system by admin to customer and automatically intimated to farmers through "Track of The Crop" to their registered mobile numbers.

Here farmers will get finance facility on the next day on crop receipt in ginning mills up to 75% of crop amount up to 120 days until they realise actual sale amount or pledge loan whichever is earlier.

 

·         MSP 5 sale: Here farmers will realise their money in 4 instalments on every 15th day respectively @ ₹4210/quintal of their crop from ICS Pvt Ltd by selling their bales @ ₹36900/- and cotton seed @ ₹1600/quintal to buyers. Stocks will be delivered to respective customers and updated in the system by admin to customers and automatically intimated to farmers through "Track of the Crop" via their registered mobile numbers.

Here farmers will get finance facility on the next day on crop receipt in ginning mills up to 75% of crop amount up to 150 days until they realise actual sale amount or pledge loan whichever is earlier.

 

·         MSP 6 sale: Here farmers will realise their money in 4 instalments on every 15th day respectively @ ₹4250/quintal of their crop from ICS Pvt Ltd by selling their bales @ ₹37250/- and cotton seed @ ₹1625/quintal to buyers. Stocks will be delivered to respective customers and updated in the system by admin to customers and automatically intimated to farmers through "Track of The Crop" via their registered mobile numbers.

Here farmers will get finance facility on the next day on crop receipt in ginning mills up to 75% of crop amount up to 180 days until they realise actual sale amount or pledge loan whichever is earlier.

 

Normal Market sales [vanilla option] 

Normal market sales will be allowed in Online Trade Terminal no 2. Here farmers will trade their bales in 2 options

1.     Farmer option sales.

2.    Buyer option sales.

 

·         Farmers Option sale [seller Option sale]: Here farmers will get finance facility on next day on crop receipt in ginning mills up to 75% of crop amount up to 15 days until they realise the actual sale amount or pledge loan whichever is earlier.

Here farmers must spend one full day and take help of their children or cybercafés and should submit their bids online for lint bales in ₹/candy and for seed in ₹/quintal [normally seed rate will be fixed by admin] by using the system converter of crop rate in rupees to lint bales in ₹/candy by using Lint yield percentage [LYP %] and seed rate. Farmer should know the market trend of cotton bales and submit his bid online which will be displayed in Trade Terminal no 2. All buyers who are interested and participated in FOS will confirm the deal online and SMS will be sent for the same as confirmation of trading with trade transaction number, pay-out amount and dates.

Farmer option sale will be conducted on Monday, Wednesday and Friday in a week, on festival holidays and national holidays there won’t be any trading, payment should be released within 48 hours i.e. 2 working days after online purchase means by 13th day or 14th day from crop receipt day. Payment will be realised by ICS.com and in turn ICS.com will pay to farmer on 15th day irrespective of buyer payments. If any finance arranged by admin will be adjusted and will pay the balance amount to Farmers by NEFT or RTGS. In either of transactions farmer will receive his/her payment on 15th day. This option will be more useful to those farmers who sell their products on full demand when market is up trend or it will be useful to those farmers who are having best quality or special quality cotton with them and can sell at best price with this option.

[so always farmers should know the cotton HVI quality report is more useful to sell your cotton here]

 

·         Buyer Option sale: Here farmers will get finance facility on the next day on crop receipt in ginning mills up to 75% of crop amount up to 15 days until they realized actual sale amount or pledge loan, whichever is earlier. Here buyers will participate in online trade with their own trading password and as per the stock available online, buyers of cotton lint bales and cotton seed submit their bids for lint bales in rupees/ candy and seed rate in rupees per quintal [normally seed rate will be fixed by admin in advance] submits by respected buyers and by using rate converter of crop rate/quintal in rupees to lint rate in rupees/candy by using seed rate and LYP %. Farmer can decide whether it is viable or not if he agrees for that rate he can confirm the deal by online click and trade confirmation SMS will arrive to farmer’s mobile with pay-out amount, dates and Trade transaction number for future reference. Buyer option sale will happen on every Tuesday, Thursday and Saturday of the week. On festival days and national holidays there won’t be any trading. Payment will be realised within 2nd or 3rd day form the trade day means 13th day or 14th day from crop receipt day and in turn ICS.com will pay to farmer by 15th day irrespective of buyer payments. It is the commitment of ICS.com P Ltd to farmers. If any finance arranged it will be adjusted and if any balance will sent to the farmer’s bank account through NEFT or RTGS by ICS Pvt Ltd. This option is mainly used for those farmers who want to sell as per market when market is in uptrend or it can be used to farmers who need funds in normal market trends. ICS Pvt Ltd will not be responsible for any market up and downs.

 

11] Farmer can track the crop in our website [track of the crop option] as and when process of their crop taking place until reaches to customer or warehouse and entire process updates will be done to farmer’s registered mobile numbers via SMS. [Please note: After the receipt of the crop, ginning should be completed within 7 days otherwise there is fixed penalty for ginners. Online selling of seed within 10 days and lint bales sales to be completed within 12 days]. Payment will be made as per pay-out dates from 15th day as per sale option chosen by the farmer. Rytu Mitra groups and joint liability groups will be formed by all small farmers up to 50 members in one group to avail this facility.

 

12] If cotton lint bales are not sold out in 10 days then, we will hand over the bales to farmer so that he can take to recommended ware house for his pledge loan. But cotton seed will be sold out on 11th day and adjustment of all dues of ICS.com. Ginning charges and balance will be paid to Farmer’s bank account by RTGS or NEFT and will arrange the original delivery challan for lint bales and ICS.com will assist in pledge or key loans to farmers up to 6 months to get the payment up to @ 75% bales amount and balance will be realised when bales are sold out. Farmer can avail our trade terminals for selling of his bales at point of time.

 

13]The farmer or consignor has voluntarily given powers to “ICS Pvt Ltd” as consignment agent and service provider to make ginning, and selling of the cotton seed and cotton lint bales or stocking the bales on behalf of them for a smooth flow of pay-out system.

 

14] ICS Pvt Ltd consignment agent and service providers voluntarily takes the responsibility of providing the ginning and selling of cotton seed and cotton lint bales arranging ware houses as per needs for smoothening of pay-out system. If any written special instructions of the farmer to stock the bales for market fluctuation, we will do so. If any delay happens in pay-outs from ICS Pvt Ltd due to public holidays will not pay any interest and if any technical problem or unavoidable delay, then ICS Pvt Ltd will pay 12% interest for delayed pay-out days.

 

15] ICS Pvt Ltd consignment agent and service provider will charge nominal service charges @ 25 paise per kg on crop, cotton seed, cotton lint bales and any TDS. Service tax is applicable and farmer should bear it. The same will be deducted during first pay-out day.

 

16] ICS Pvt Ltd consignment agent and service provider will deduct ginning charges from farmer’s account and pays to ginner as per agreed terms and conditions; the same amount will be deducted during first pay-out day.

 

17] All payments to farmers will be done through RTGS/NEFT to the registered bank accounts of the farmer. Strictly no cash payments are entertained at these transactions.

 

 

  • Stock option sale: Here farmers will not get any finance facility on next day on their crop receipt in ginning mills, they should realize actual sale amount on 15th day. Here after ginning completion status by ginner Admin will sell the seed after ginning completion report as per market in ₹ per quintal and adjust all the expenses from seed amount on behalf of farmer; then balance amount will be send to farmer’s bank account through NEFT or RTGS by ICS Pvt Ltd. Then admin will return the farmer’s lint bales with delivery challan mentioning crop quantity, seed quantity, lint quantity and where it was ginned along how much tax paid on their seed sales. This option is mainly useful for those farmers who are ready to take market risks and sell their bales as per farmer’s wish through Terminal no 2 either in FOS/BOS options. Here entire market risk is on farmer’s side only. ICS.com will not be responsible for any market ups and downs.

 

18] If any cotton lint bales not sold out within 10 days from crop receipt issued date. Then they have to select sale option between MSP 1 to MSP 6 then admin will allot the bales directly to any of the member with reasonable discount rate [discount is offered because it was unsold stock due to inferior quality or any other reason and admin have to meet pay-out on 15th day to the farmer]. So, crop rates must be different than estimated crop rates showing in crop addition. ICS Pvt Ltd will adjust all expenses and balance will be paid to Farmer’s bank account by RTGS or NEFT and there ends the transaction.

 

20]The farmer or consignor has voluntarily giving powers to “ICS Pvt Ltd” consignment agent and service provider to make ginning and selling of the cotton seed, cotton lint bales or stocking the bales on behalf of them for smooth flow of pay-out system.

 

21] ICS Pvt Ltd consignment agent and service providers voluntarily taking the responsibility of providing the ginning, selling of cotton seed, cotton lint bales, arranging ware houses or if any written special instructions of the farmer to stock the bales for market fluctuation. if any delay happens in pay-outs from ICS Pvt Ltd due to public holidays then we will not pay any interest and if any technical problem or unavoidable delay then ICS Pvt Ltd will pay 12% interest for delayed pay-out days.

 

22] ICS Pvt Ltd consignment agent and service provider will charge nominal service charges @ 25 paise per kg on crop, cotton seed, cotton lint bales, any TDS and service tax is also applicable and farmer should bear it and the same will be deducted during first pay-out day.

 

23] ICS Pvt Ltd consignment agent and service provider will deduct ginning charges from farmer account and pays to ginner as per agreed terms and conditions; the same amount also will be deducted during first pay-out day.

 

24] All payments to farmers will be done through RTGS/NEFT through the registered bank accounts of the farmer and strictly no cash payments will be entertained in these transactions.