‘Can­cel li­cences of traders re­fus­ing auc­tion’

The Times of India (Mumbai edition) - - TIMES CITY -

The

of­fice of the deputy dis­trict reg­is­trar (DDR) on Satur­day di­rected the six Agri­cul­ture Pro­duce Mar­ket Com­mit­tees (APMCs) in the dis­trict to can­cel the li­cences of traders if they refuse to start onion auc­tion from Mon­day. The traders boy­cotted the auc­tion at the APMCs on Fri­day, fol­low­ing the In­come Tax de­part­ment’s searches on seven ma­jor onion traders that started a day ear­lier, lead­ing to a crash in the prices of the com­mod­ity. The DDR, Nilka­nth Kare, served no­tices to the Lasal­gaon, Pim­pal­gaon, Um­rane, De­ola, Ye­ola and Kal­wan APMCs. “We have is­sued di­rec­tives to the APMCs to start onion auc­tion from Mon­day or make al­ter­na­tive ar­range­ments. More­over, they have been di­rected to can­cel the li­cences of the traders re­fus­ing to par­tic­i­pate in the auc­tion,” Kare told TOI.

Traders had boy­cotted the auc­tion at the APMCs on Fri­day

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