`It has a maximum storage capacity of just 10 tonnes'
ERODE: Regulated market in Bhavani is singular in its presence in the district. For, the `market' exists only on the name board that has been hanging around for the past two decades in the town.
At its present location, which is a house, farmers seldom bring their produce.
The only activity worth a mention is of a few farmers pledging their produce to obtain loan.
Take for example the past three years' transaction. In the 2004-05 financial year commodities weighing just 1,307 tonnes arrived at the market, yielding Rs. 1.61 lakh. The next year was marginally better in terms of revenue at Rs. 2.03 lakh. The arrival of commodities, however, was poor at 1,180 tonnes.
In the just-concluded fiscal, the market has seen commodities weighing 2,161 tonnes pass through it, giving an income of Rs. 2.13 lakh. The volume of goods and the income is rather poor compared other markets in the district.
Sources say the market, started in the late 1980s, has poor infrastructure and has been functioning on a rented premises.
The current location has a maximum storage capacity of just 10 tonnes, they point out. There is neither a storage yard, a drying yard nor an auction site.
In terms of manpower too, the market seems to be lagging behind. At present there is only a supervisor and watchman. Sources say there are no load men, junior assistant, yard supervisor and peon.
That apart, the other reason sources cite is the proximity of the town to Anthiyur and Boothapadi, the two centres where market functions in every sense of the term. Both the towns trade heavily in almost all of the region's produce.
The market in Boothapadi is famous for cotton.
Given the good infrastructure and robust business at the two centres, both farmers and traders tend to ignore the Bhavani market, says an employee of the Regulated Market Committee.