Karnataka - Mangalore   

MCF may build terminal market complexes

— Photo: R. Eswarraj

EXCHNGING VIEWS: B. Sambamurthy (left), Chairman and Managing director of Corporation Bank, and S.K. Patnaik, Joint Secretary, Government of India, and director of National Horticulture Mission, discussing at a seminar on ‘Value addition to agriculture produce’ in Mangalore on Monday.

MANGALORE: Mangalore Chemicals and Fertilizers Ltd. (MCF) has evinced interest in building terminal market complexes at Hassan and Hubli under the National Horticulture Mission (NHM), S.K. Pattanayak, Joint Secretary and Mission Director, NHM, has said.

He was delivering the keynote address at a seminar on “Agricultural produce enrichment: farm to palm through value addition” here on Monday. It was organised by the Mangalore Regional Training College and National Bank for Agriculture and Rural Development (NABARD).

Terminal markets are places that link farmers to markets as they can directly take their produce to the complex.Farmers can also take their produce to collection centres from where the produce will be taken to the complex. The terminal markets will have a central auction facility where a large number of buyers can participate. The NHM provides for private sector investment in building those markets.Mr. Pattanayak said that the concept of cold chain management for horticultural produce and building infrastructure for it was in its infancy in the country. There were about 5,100 cold storages in the country with a storage capacity of 21.7 million tonnes. They were set up in the private, public and cooperative sectors.

However, only 48 per cent of the storage capacity was being utilised. B. Sambamurthy, Chairman and Managing Director, Corporation Bank, spoke.

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