Tuesday, Jul 27, 2004
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By Our Special Correspondent
SHIMOGA, JULY 26. The Shimoga Arecanut Mandi Merchants' Association has appealed to the State Government to reduce the cess on arecanut from 1.5 per cent to 0.5 per cent to restore the normal trade practice in that commodity.
A delegation of the association that met the Chief Minister, N. Dharam Singh, in Bangalore recently argued that the hike in the cess had adversely affected regular trade in the market as a large quantity of areca was being smuggled out from the growers' point without bringing it to the regulated market.
This had resulted in a drastic reduction in the quantity of the arecanut being brought to the market.
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