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Ahmedabad leads in Agro Retailing
Posted On: 04-03-2008 08:05:24 AM

Private players were not allowed to purchase agriculture produce from farmers until now. Instead they had to source it from the Agriculture Produce Marketing Committees (APMCs). Last year, the state government amended the APMC Act to bring in the Model Agriculture Act, which allows entry of private companies into the agriculture sector. As a result in Gujarat this sector is poised to witness a sea change as farmers will now have the option of selling their produce directly to private companies. The state government has given its green signal to 8 companies, apart from the National Spot Exchange (NSE), for entering the sector. While 4 companies have received in-principle approval to set up private wholesale markets (mandis) for fruits and vegetables, 4 others have been granted licences to purchase agri commodities directly from the farms. The NSE has received a go-ahead to start e-markets across the state. These markets would have state-of-the-art grading, sorting and packaging as well as cold storage facilities. As against this, APMCs still lag behind in terms of infrastructure. However, APMCs have realized the threat from the private sector and have started upgrading their infrastructure. As reported earlier in Retail Angle, the APMC has announced plans to set up a Rs 200 crore agro marketing complex in the city.

 
 
 

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