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Maharashtra traders, ginners urge for removal of cess on cotton

Related Keywords: Agriculture Produce Market Committee, APMC, charge a market cess of 1.25 percent, farmers end up getting less money, Maharashtra Cotton Ginners Association, members of the Cotton Association of India, met chief minister Devendra Fadnavis, seeking removal of APMC fees, value of the cotton brought to market

The Agriculture Produce Market Committee (APMC) charge a market cess of 1.25% of the value of the cotton brought to the market. If the value of cotton is Rs 4,500 then the cess comes upto Rs 50 which is not logical at all. The members of the Cotton Association of India (CAI) and Maharashtra Cotton Ginners Association ( MCGA) met chief minister Devendra Fadnavis seeking the removal of Agriculture Produce Market Committee (APMC) fees.

APMC plans to bring cotton under e-Trading process from this month

Related Keywords: APMC, cotton, e-trading process

The state government of Karnataka, in order to facilitate farmers to sell their produce and get reasonable prices, created Agricultural produce market committees (APMCs) in many towns. Under the supervision of APMC, farmers can sell their produce to agents or traders. APMC, now to further benefit the farmers has taken decision of bringing in cotton under e-trading process.

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