Farmers Movement Archive

Telangana: Changes in market yard system likely

HYDERABAD: With the Telangana government making it clear that the new farm laws will be implemented in the state, there could be massive changes in the market yard system. The smaller market yards will likely be merged with the big market yards. At present, the state has 230 market yards. Of the 230 markets yards, 10 of them are big market yards that generate around Rs 6 crore to Rs 7 crore monthly revenue. Around 10,000 people work at the market yards. The state government earns around Rs 150 crore revenue through cess every year from market yards. Under the new farm laws, cess cannot be collected for transactions outside yards and transactions are permitted anywhere. “The transactions at market yards in Telangana are already less, with exception of big markets such as Nizamabad due to its turmeric and Khammam due its chilli. Barring these market yards, the other markets yards are not active,” said sources. The check posts under the market committees are also a source of income for the yards. Chief minister K Chandrasekhar Rao had held a detailed review meet with marketing department officials on Sunday where he said that the state government will support the marketing department with funds. Meanwhile, the state agriculture and marketing minister Singireddy Niranjan Reddy on Tuesday assured farmers that the market yards will be strengthened in the state despite the new farm laws. “There is no need to panic, the state government will ensure that the market yards function properly. If there is any problem, we will bring it to the notice of the CM,” he said in Wanaparthy district. He added that the state government has made advancements in farm sector, with the state having farm produce in excess.

The Times of India

2021-01-27

Hyderabad