Karnataka traders, farmers oppose APMC Act

Our Bureau Bangalore July 23 | Updated on July 23, 2014

Representatives of farmers, traders and chambers of commerce have urged the Karnataka Chief Minister to put on hold the APMC Act 2014.

FKCCI President S Sampathraman led a delegation that met Chief Minister Siddharamaiah to express their opposition to the Act.

“The new Act will lead to monopoly of a few big mega traders and MNC companies under the banner of NCDEX,” said Sampathraman.

The Chief Minister assured the delegation of a favourable decision.

Siddaramaiah said he would discuss the subject in detail at the Cabinet meet and take it to the Assembly and arrive at a decision favourable to the farming community.

He urged the delegation to desist from any agitation. Since the farming community as well as the traditional trading community are on the same platform, FKCCI is of the view that both farmers and traders will benefit from a favourable decision.

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Published on July 23, 2014
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