Financial Daily from THE HINDU group of publications Saturday, Sep 18, 2004 |
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Agri-Biz & Commodities
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Storage AP marketing dept targets Rs 228-cr market fee Our Bureau
Hyderabad , Sept. 17 THE Andhra Pradesh Department of Marketing (DOM) has targeted to collect a market fee of Rs 227.90 crore in the current year on the purchases made at the market yards spread across the State. So far, it had collected Rs 77.77 crore, which was much higher than the Rs 8.25 crore collected during the corresponding period in the previous year. In a press release here on Thursday, the department said that collection at the check posts had also increased to Rs 26.60 crore till August, this year, as against Rs 24.81 crore in the same period last year. It had booked 79 cases against officials and 52 cases against lower functionaries for granting irregular exemptions from payment of market fee at market yards. The department said that it was providing "pledge loans" to farmers for the stock kept by them in the warehouses approved by the State Government. Till August, this year, it had given Rs 12.5 crore as pledge loan to 3,658 farmers. During 2003-04, it had dispersed loans worth Rs 54 crore benefiting 23,500 farmers. DOM has a total of 1,158 warehouses in the market yards located in various parts of the State. The warehouses have a combined capacity to store 6.32 lakh tonnes of agricultural produce. These apart, it is constructing 300 godowns under the Grameena Bandaran Yojana creating an additional storage capacity of 3 lakh tonnes.
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