No breakthrough yet, mandi strike enters fourth day | india | Hindustan Times
Today in New Delhi, India
Jan 20, 2017-Friday
New Delhi
  • Humidity
  • Wind

No breakthrough yet, mandi strike enters fourth day

india Updated: Dec 08, 2006 01:05 IST
Highlight Story

STRIKE AT Krishi Upaj Mandis in the City entered the fourth day on Thursday as the traders and hammals’ associations failed to achieve any breakthrough in their talks over payment.

An official of Sanyogitaganj Mandi told Hindustan Times that the hammals were asking for at least 15 per cent hike in rates while the traders were reluctant to increase the rates by more than 6 per cent.

Most of the farmers in the surrounding regions are by now aware of the strike and are not coming to Indore mandis while some of them are selling their produce directly to the traders outside the mandi premises.

The traders’ association and the hammals’ union had signed an agreement on   payment rates in November 2005, which was valid for two years but had a provision for increasing rates taking inflation as a factor, the official said.

Now, the hammals’ body is citing that clause to hike the rates while the traders feel that rates are already very high. Mandi officials are hopeful that the matter will be resolved soon with the intervention of District Collector Vivek Aggarwal.

The strike has caused a loss of Rs 15-20 lakh in terms of taxes for Sanyogitaganj mandi alone. The main commodities traded during this season are channa and soyabean with daily business volume being roughly Rs 2.5 crore.