{"id":13801,"date":"2020-10-01T12:19:32","date_gmt":"2020-10-01T06:49:32","guid":{"rendered":"https:\/\/www.grainmart.in\/news\/?p=13801"},"modified":"2020-10-01T07:20:24","modified_gmt":"2020-10-01T01:50:24","slug":"punjab-reduces-market-fees-and-rural-development-fee","status":"publish","type":"post","link":"https:\/\/www.grainmart.in\/news\/punjab-reduces-market-fees-and-rural-development-fee\/","title":{"rendered":"Punjab Reduces Market Fees and Rural Development Fee"},"content":{"rendered":"\n<p>Punjab decreases <a href=\"https:\/\/www.grainmart.in\/news\/global-wheat-market-price-demand-and-supply\/\">market<\/a> and rural development fees for Basmati to remain competitive with other grain-producing states. Move to provide Rs 100 crore relief to exporters and better prices to <a href=\"https:\/\/www.grainmart.in\/news\/analysis-on-impact-of-agriculture-reform-bills-on-farmers\/\">farmers<\/a>.\u00a0<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Reduction in the Market and Rural Development Fees<\/h4>\n\n\n\n<p>Punjab lowered Market Development Fee (MDF) and the Rural Development Fee (RDF) rates, from 2% to 1%. Further, the government has allowed using the premises of <a href=\"https:\/\/www.grainmart.in\/news\/we-wont-pay-4-25-taxes-while-the-other-states-pay-zero-basmati-rice-millers-in-punjab-warn-government-of-not-buying-crop\/\">rice millers<\/a> as Mandi yards. This will ensure seamless procurement of <a href=\"https:\/\/www.grainmart.in\/news\/to-protect-quality-of-paddy-crop-punjab-government-bans-sale-of-nine-agro-chemicals\/\">paddy<\/a>, which will start next week. The move has come as an effect of representations received from the Punjab Rice Millers and Exporters Association and PMB. The Punjab CM\u2019s office tweeted that the move will aid farmers in getting reasonable prices from traders as exporters are the only purchasers of basmati. Bhartiya Kisan Union (<a href=\"http:\/\/www.bku.co.in\/\">BKU<\/a>) Dakaunda General Secretary Jagmohan Singh said that government must not charge traders such high <a href=\"https:\/\/www.grainmart.in\/news\/government-should-consider-nobel-laureate-abhijit-banerjees-advice-on-corporate-tax-cut-fiscal-tightening\/\">taxes<\/a>. However, the government must take a particular portion of the profit as rural development cess.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Effect of Farm Ordinances<\/h4>\n\n\n\n<p>The Punjab Rice Millers and Exporters Association claimed that the farm ordinances had increased the disparity in fees charged by Punjab and other states. Haryana, Delhi, and UP have exempted market fees from <a href=\"https:\/\/www.grainmart.in\/news\/analysis-on-impact-of-agriculture-reform-bills-on-farmers\/\">agricultural produce<\/a>, making Punjab economically unviable for rice exporters. The traders also complained that the trend of 4% plus tax would make it difficult for them to remain in business.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Haryana too Reduces Fees on Cotton and Paddy<\/h4>\n\n\n\n<p>In a meeting with the association of commission agents, Haryana\u2019s CM also decreased market fees and rural development fees on cotton and paddy from 2% to 0.5%. Further, the state will clear <a href=\"https:\/\/www.grainmart.in\/news\/farmers-overcome-labour-shortage-issue-with-direct-seeding\/\">labour<\/a> dues to commission agents within 15 days of closure of procurement. Moreover, it will pay 12% annual interest on the rights in case of non-payment of licenses in the time limit.<\/p>\n\n\n\n<p>In all, the three farm ordinances were accepted by UP, Haryana, Himachal. Hence, they issued new advisories like waiving the off-market fee and RDF with a user charge of just 1% for using state Mandis. However, the Punjab Assembly passed a resolution against it and maintained its stance of levying more than 6.5% taxes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Punjab decreases market and rural development fees to remain competitive with counterparts. Move to provide Rs 100 crore relief to exporters.<\/p>\n","protected":false},"author":13,"featured_media":13816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[23811,23938,23939,23934,276,22639,202,23935,23944,23940,20342,23946,23937,23919,23945,53,23788,1740,23947,23917,23942,23530,23791,23936,23943,23941,23920,7390,5235],"class_list":["post-13801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-agricultural-bills","tag-bhartiya-kisan-union","tag-bku","tag-competitive","tag-cotton","tag-farm-ordinances","tag-farmers","tag-grain-producing-states","tag-haryana-cm","tag-high-taxes","tag-himachal","tag-limit","tag-mandi-yards","tag-market-fees","tag-non-payment-of-licenses","tag-paddy","tag-pmb","tag-procurement","tag-punjab-assembly","tag-punjab-basmati","tag-punjab-rice-millers","tag-punjab-rice-millers-export-association","tag-rdf","tag-relief-to-exporters","tag-rice-exporters","tag-rural-development-cess","tag-rural-development-fee","tag-traders","tag-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Punjab Reduces Market Fees and Rural Development Fee - Grainmart News<\/title>\n<meta name=\"description\" content=\"Punjab decreases market and rural development fees to remain competitive with counterparts. Move to provide Rs 100 crore relief to exporters.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.grainmart.in\/news\/punjab-reduces-market-fees-and-rural-development-fee\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Punjab Reduces Market Fees and Rural Development Fee - Grainmart News\" \/>\n<meta property=\"og:description\" content=\"Punjab decreases market and rural development fees to remain competitive with counterparts. Move to provide Rs 100 crore relief to exporters.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.grainmart.in\/news\/punjab-reduces-market-fees-and-rural-development-fee\/\" \/>\n<meta property=\"og:site_name\" content=\"Grainmart News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/grainmart.in\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-01T06:49:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.grainmart.in\/news\/wp-content\/uploads\/2020\/09\/pexels-iconcom-236473.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gurneel Kaur\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Grainmart1\" \/>\n<meta name=\"twitter:site\" content=\"@Grainmart1\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gurneel Kaur\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/punjab-reduces-market-fees-and-rural-development-fee\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/punjab-reduces-market-fees-and-rural-development-fee\\\/\"},\"author\":{\"name\":\"Gurneel Kaur\",\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/#\\\/schema\\\/person\\\/2207bccbf6af27486201b6b7db8c3b53\"},\"headline\":\"Punjab Reduces Market Fees and Rural Development Fee\",\"datePublished\":\"2020-10-01T06:49:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/punjab-reduces-market-fees-and-rural-development-fee\\\/\"},\"wordCount\":353,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/punjab-reduces-market-fees-and-rural-development-fee\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/pexels-iconcom-236473.jpg\",\"keywords\":[\"agricultural bills\",\"Bhartiya Kisan Union\",\"BKU\",\"competitive\",\"cotton\",\"Farm ordinances\",\"farmers\",\"grain producing states\",\"haryana CM\",\"high taxes\",\"Himachal\",\"limit\",\"mandi yards\",\"market fees\",\"non payment of licenses\",\"Paddy\",\"PMB\",\"procurement\",\"punjab assembly\",\"Punjab Basmati\",\"punjab rice millers\",\"Punjab Rice Millers Export Association\",\"RDF\",\"relief to exporters\",\"rice exporters\",\"rural development cess\",\"rural development fee\",\"traders\",\"UP\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.grainmart.in\\\/news\\\/punjab-reduces-market-fees-and-rural-development-fee\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/punjab-reduces-market-fees-and-rural-development-fee\\\/\",\"url\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/punjab-reduces-market-fees-and-rural-development-fee\\\/\",\"name\":\"Punjab Reduces Market Fees and Rural Development Fee - Grainmart News\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/punjab-reduces-market-fees-and-rural-development-fee\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/punjab-reduces-market-fees-and-rural-development-fee\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/pexels-iconcom-236473.jpg\",\"datePublished\":\"2020-10-01T06:49:32+00:00\",\"description\":\"Punjab decreases market and rural development fees to remain competitive with counterparts. 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