APMC traders urge govt to reduce market cess from 1.5 % to 0.5 %

By Times Of India on 22 Mar 2018
BENGALURU: Agriculture Produce Market Committee (APMC) traders from across the state on Tuesday demanded the government to reduce market cess from 1.5 % to 0.5 %.
Taking part in a seminar on 'APMC- Issues and Challenges', organised by the Federation of Karnataka Chambers of Commerce and Industries (FKCCI), the traders put forth a bunch of demands including abolition of 18 % penalty for failing to pay market cess within 24 hours, simplification of licensing norms and development of infrastructure including cold storages at APMC yards.

The traders’ main concern was the threat to their trade secrets and data security after the state government facilitated online trading through the web platform Rashtriya E Market Services (REMS).

“Main among them the traders demands are reduction on market cess and streamlining of REMS. Removal of commission for using REMS is another demand,” said Rameschandra Lahoti, convenor of the seminar and vice-chairman, APMC, Internal Trade and Food Processing Committee.

Hemalatha P, secretary to the department of cooperation, remained non-committal over the reduction of market cess. However, she said the government would take steps to improve infrastructure at APMC yards while the local committees are also responsible for the same.

She said the government is looking at setting up cold storages at warehouse godowns and select APMC yards.