Categories: Chennai

CM announces the cancellation of market retribution on cotton

Chennai: One percent market retribution about cotton and cotton waste will be withdrawn and relevant laws must be amended to have a effect on him, Minister M K Stalin announces the assembly on Saturday.
Citing representations of weavers and entrepreneurs, Stalin said the retribution of one percent by the market committee was “canceled,” and the amendment bill would be forwarded in the ongoing assembly session.
Under Tamil Nadu Nadu Masaran Production (Rules) Act 1987, the cost of one percent is imposed on cotton and cotton waste -bed at the selling value – by the Market Committee.
While such costs must be collected only on racing, cotton and cotton waste also face a cost of one percent, said the ministerial head.
Because of this, small factories face great difficulties and withdrawal of retribution on cotton has long demanded weavers and entrepreneurs, he said.
During the consultation after his government was assumed that the office on May 7, this request was reaffirmed.
Considering such requests, one percent market retribution is canceled, he added.
According to the Law of TNAPM, the Market Committee will collect fees on agricultural products to be repaid or sold in the market area notified.

news2in

Share
Published by
news2in

Recent Posts

44 ordered to attack the procession

Ludhiana: The police have submitted FIR to four identified and at least 40 unknown attackers…

3 years ago

Punjab: Police Reject conspiracy theory in the case of Deep Sidhu

Sonīpat / Ludhiana / Ambala: Actor Punjabi - Activist Activist Deep Sidhu, who died in…

3 years ago

Punjab: Hidden Strength Working Behind PM Narendra Modi, Arvind Kejriwal, said Rahul Gandhi

PATIALA / MANSA / BARNALA: Attacking Prime Minister Narendra Modi and AAP National Convener Kejriawal,…

3 years ago

BJP made AAP to endanger the Congress, said Ajay

Jalandhar: BJP and AAM AAM AADMI parties are one party, Secretary General of the Ajay…

3 years ago

Our job is to make Punjab No. 1 State: Meenakshi Lekhi

Ludhiana: Minister of Union Culture Meenakshi Lekhi while campaigning to support the BJP candidate from…

3 years ago

Feb 20 is an opportunity to change the destiny of Punjab and his children: Bhagwant Mann

Machhiwara (Ludhiana): AAM AAM AADMI Party (AAP) Head of Punjab Candidate and Members of Parliament…

3 years ago