Our Bureau

Mangalore, April 20

THE Kanara Chamber of Commerce and Industries (KCCI) has expressed fears that the 1.5 per cent market fee levied by the Karnataka Agricultural Produce Marketing Committee (APMC) may force nearly 1,000 areca traders in Mangalore to shift their activities to neighbouring Kerala, where there is no APMC market fee.

A KCCI delegation led by the President, Mr A. Srinivasa Rao met the Chief Minister, Mr Dharam Singh, in Mangalore and said that the State Government should take suitable steps to retain the areca trade in Mangalore.

The delegation told Mr Singh that the Commercial Taxes Department's policy of `one premises, one licence' was against the interest of these traders who have already been given licence to establish and operate more than one firm in single premises.

It requested the Chief Minister to restore the facility already granted to the areca traders.

(This article was published in the Business Line print edition dated April 21, 2005)
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