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LATEST NEWS UPDATES | Food grain traders of Dhanbad protest against tax hike -Praduman Choubey

Food grain traders of Dhanbad protest against tax hike -Praduman Choubey

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published Published on Apr 4, 2022   modified Modified on Apr 6, 2022

-The Telegraph

Merchants fear the new decision may result in corruption

Dhandbad: Food grain traders across the state are up in arms against the new Jharkhand State Agricultural Produce and Livestock Marketing Act 2022 implemented by government as per which a 2% Bazar fee is to be imposed on all transactions held in 'Agriculture Produce Market Committee' operated markets across the state.

The protesting food grain traders have termed the decision of the government as draconian and apprehended that this will further lead to inflation and price rise as increase in taxes will lead to hike in the prices of foodgrains.

Talking to The Telegraph Online today, a wholesale foodgrain  traders of Dhanbad based APMC market at Barwaddah said, “We will oppose the new act tooth and nail as it will lead to red tapism and abet corruption.”

Divulging more details, the trader said, “The higher rate of tax realized from the traders will not lead to revenue increase of the government but will rather go into the hands of the corrupt officials.”

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The Telegraph, 4 April, 2022, https://www.telegraphindia.com/jharkhand/food-grain-traders-of-dhanbad-protest-against-tax-hike/cid/1859050


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