Agricultural Produce and Livestock Markets - Commission Agents Licenses

GOVERNMENT OF ANDHRA PRADESH

ABSTRACT

Agricultural Marketing Department – Andhra Pradesh (Agricultural Produce and Livestock) Markets Act, 1966 – Issue of Commission Agents Licenses – Modified – Orders – Issued.

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AGRICULTURE AND CO-OPERATION (AM.II) DEPARTMENT

G.O.Ms.No.57 Dated:12-10-2015.

Read the following:-

1. G.O.Ms.No.190, A&C(Mktg.I) Deptt., dated 6-4-1994.

2. G.O.Ms.No.431, Agri. & Coop. Dept., dated 26-6-1995.

3. G.O.Ms.No.260, Agri. & Coop. Dept., dated 28-9-2010.

4. G.O.Ms.No.49, Agri. & Coop. (AM.IV) Dept., dated 27-3-2012.

5. G.O.Ms.No.17, Agri. L& Coop.(AM.II) Dept., dated:31.01.2013.

6. Representation from the Guntur Chilles Merchant’s Association,

Koneti Road, R.Agraharam, Guntur, dt:21.09.2015.

7. From the Commissioner & Director of Agril. Marketing, A.P.,

Hyderabad, Lr.No.S.I(2)/11174/2014, Dated:08-10-2015.

ORDER:-

In the reference 3^rd read above, orders were issued fixing certain guidelines for issue of licenses to Commission Agents.

2. In the G.O. 4^th read above, orders have been issued reducing the Security deposit and Collateral Security Deposit as proposed by Commissioner and Director of Agricultural Marketing, A.P. Hyderabad.

3. In the reference 5^th read above, orders issued amending the para-3 and para-4 (a) & (b) of the G.O.Ms.No.260, Agri. & Coop. (AM.IV) Dept., dated 28-9-2010.

4. In the reference 6^th read above, the Guntur Chillies Merchants Association in its representation Dt: 21-09-2015 requested for renewal of applications by collecting Security Deposit of Rs. 20,000/- only instead of Rs.10,00,000/- plus Rs. 25,00,000/- as Bank Guarantee as prescribed in GO Ms No.17, Dt: 31-01-2013.

5. In the reference 7^th read above, the Commissioner & Director of Agricultural Marketing, A.P., Hyderabad has proposed to modify G.O.Ms.No.17 and bring a new criteria where uniformly commission agents has to pay Security Deposit and Collateral Security throughout the State as per his turnover instead of turnover of the Market Committees.

6. Government after examination of the matter in detail hereby accept the proposal of the Commissioner & Director of Agricultural marketing to modify G.O.Ms.No.17, A&C(AM.IV) Dept., dated:31.01.2013 to ensure the six slabs prescribed for payment of Security Deposit and Bank Guarantee by Commission Agents from market fee collections by the AMCs criteria to that of turnover of the Commission Agents. The following table emerges out for modification of G.O.Ms No. 17.

Sl. No	Turnover of Commission Agents	Security Deposit in shape of NSC Bonds/ Cash (Rs. In Lakhs)	Collateral Security (Rs. In Lakhs)
1	Below 1 Crore	0.50	1.00
2	Above 1 Crore and below	1.00	3.00
3	Above 3 Crores to 5 Cores	2.00	6.00
4	5 Crores to 10 Crores	3.00	9.00
5	10 Crores to 20 Crores	5.00	15.00
6	Above 20 Crores	10.00	25.00