To act as the Government agency for implementation of the Minimum Support Price operations so as to help the farmers in ensuring remunerative price/price stabilisation and also to prevent distress sale by farmers.

To make 100% payment to farmers against kapas purchases within 10 days;

To undertake commercial operations, domestic as well as international i.e. export, at our own risk and responsibility in competition with other sectors of cotton as also to remain competitive in the cotton market.

To undertake developmental activities in a small way through extension programmes to help improve cotton production, productivity and its quality, such as Village Adoption programme, Distribution of quality seeds and Genuine pesticides, Integrated Pest Management programme, Organising field training for farmers, Promotion of cotton cultivation in non-traditional areas etc.

To provide Godown Storage Facility to the Corporation's regular mill clients by maintaining ultra modern godown complex at places like Kalamboli (Navi Mumbai) etc.

To act as the Implementing Agency for Mini Missions III and IV of Technology Mission on Cotton (for which the Ministry of Textiles is the Nodal Agency), the objectives of which are improvement in the marketing infrastructure and modernisation/technological upgradation of existing ginning and pressing factories in India for improvement in quality of cotton.