The Hindu Business Line : Centre to set up 8 terminal markets

THE Centre plans to set up eight terminal market complexes in five States and in a Union Territory at a cost of Rs 550 crore to have an integration of domestic produce with retail chains, a senior Government official said.

The terminal markets will be set up in Mumbai, Nashik, Nagpur, Chandigarh, Rai (Haryana), Patna, Bhopal and Kolkata.

The markets would be set up in alliance with private players, with a 51 per cent holding by the Government and 49 per cent stake by private enterprises, the official said.

The details of the initiative would be worked out on February 20 during a meeting of State Agriculture Ministers and the Union Agriculture Minister, Mr Sharad Pawar. After consultation with State Agriculture Ministers, the proposal would be sent to the Cabinet.

The respective State governments will amend the Agriculture Produce Marketing Act to pave the way for terminal markets. To begin with, the terminal markets will be set up for fruits, vegetables, flowers, herbs, meat and poultry.

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