Sunday, 28 November, 2021

Govt fixes maximum profit for agri products

  • Staff Correspondent
  • 10 November, 2021 12:00 AM
  • Print news
Govt fixes maximum profit for agri products

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The government has fixed maximum profit on agricultural products for growers, wholesaler and retailer levels.

For growers’ level, the maximum profit range is from 30 to 40 percent, for wholesalers’ level 15 to 20 percent and for retailers’ level 25 to 30 percent.

A gazette has been issued in this regard on November 3.

The government has formulated the Agricultural Product Marketing Rules-2021. Under the rules, if anyone wants to trade in agricultural products they have to get a license. Besides, license will also be required for operating warehouses on business purposes.