Karnataka - Hubli-Dharwad   

Amended APMC Act will help MNCs: KCCI

HUBLI: The Karnataka Chamber of Commerce and Industry (KCCI), Hubli, has described the amendment to the Agricultural Produce Marketing Committee (APMC) Act as “a red carpet welcome for multinational companies (MNCs)”.

In a press release issued here, KCCI president V.P. Linganagoudar and honorary secretary Basavaraj Byali have said that the amended Act would pave the way for private players to enter the agriculture sector through community and contract farming, thus affecting the existing APMCs, traders and farmers.

They said that the APMC traders and farmers had objected to the amendment during the Bharatiya Janata Party-Janata Dal (Secular) coalition Government rule and also submitted suggestion through memoranda. However, the suggestions had been incorporated in such a way that they hardly mitigate the adverse impact on the APMC traders and farmers, they said.

Although, according to the amendment, no MNC had been allowed to start its operation within 25-km radius from the existing APMCs, the restriction had been confined only to Bangalore.

There were 144 APMCs, 350 supplementary markets and 750 other markets in the State which would be affected by the amendment to the Act, Mr. Linganagoudar said.

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