MOST marketing yards across Saurashtra remained closed on the 11th consecutive day Friday as liquidity crunch continued. A day after the chairmen of yards in the region held a meeting but failed to reach any consensus, they decided to make a representation to government.
Presidents and secretaries of 55 out of 65 Agriculture Produce Market Committees (APMCs) in Saurasthra held a meeting at Rajkot APMC Thursday. They agreed to form a 15-member committee to make a representation to the state government requesting steps to augment liquidity. However, they couldn’t reach on any consensus on either starting operations or discontinuing the limited business which takes place at some yards.
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“The general sense was that we should continue whatever limited operations are going on at yards. But we all appreciated difficulties in doing so for want of availability of valid hard currency notes. In the end, the meeting decided to form a committee and make a representation to the government,” said Devraj Sakhiya, president of Rajkot APMC.
Incidentally, no auction has taken place at Jamnagar APMC, a big yard in Saurasthra, since November 9. “It is not possible to reopen till APMCs issues are addressed. It is very difficult to convince farmers to accept payment through cheques in such a short time. Traders say the withdrawal limit prevents them from making any purchase,” said Raghvji Patel, Congress MLA from Jamnagar Rural, and chairman of Jamnagar APMC.
Halvad APMC, which is a major market of cotton, is full of agricultural commodities but no auction is taking place. “We held a meeting of traders and farmers today. But farmers refused to accept payment through banks,” said yard chairman Ranchhod Patel.