Thursday, May 19, 2022
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Dispute over rent of Bazar Samiti shops comes to an end

Agriculture minister fixes new rent at the rate of Rs 4 per square feet

Jamshedpur: The dispute regarding fixation of rent for shops situated on the premises of Krishi Utpadan Bazar Samiti also known as Mandi Bazar Samiti has finally come to an end following a meeting between state agricultural minister Randhir Singh and traders of the state. The meeting was also attended by the officials of the market committee.

Addressing the meeting held at Nepal House on Sunday, the agriculture minister ordered that the rent of shops be fixed at the rate of Rs 4 per square feet in Ranchi, Dhanbad, Bokaro and Jamshedpur. Earlier, the rent was charged at the rate of Rs 2 per square feet. The minister directed the managing director of Krishi Utpadan Bazar Samiti Vimal Kumar and state secretary Sunita Chourasia to issue a government notification regarding the revised rates within a week.

The traders were represented at the meeting by the president of Jamshedpur Chamber of Commerce Mohan Lal Agrawal, president of Ranchi Chamber of Commerce Shambhu gupta and the president of Jharkhand Federation Chamber of Commerce Ranjeet Garodia.

Sharing details of the meeting, Mohan Lal Agrawal said, “The rent dispute has finally been settled with the intervention of the agriculture minister. Various other issues including security and repair of shops and roads were also discussed at the meeting. The minister has assured the traders to take up these issues and find an early solution for the same.”

All traders would deposit the rent dues after the notification for new rent is issued. The rent has been fixed by dividing Jharkhand in four grades. For Grade A, the rate of Rs 4 per square feet has been fixed. A reduction of 25 paise per square feet would be applicable for the other three grades respectively.

Sources said the rent dispute arose when the state government had increased the rate of rent for shops given to traders by the Bazar Samiti. The rate was fixed at Rs 5 per square feet. This was opposed by the traders who alleged that the government authorities had not consulted them before taking the decision. The new rates were made effective from 1st April 2017. After statewide protest by traders, the agriculture minister had called a meeting with the traders in Ranchi on 9th May last.

After the meeting, the rate was fixed at Rs 4 per square feet. But the Bazar Samiti officials did not issue the notification regarding new rates. When the department started pressing the traders for depositing the rent dues, the traders put up protest and met the minister again. The minister directed the Bazar Samiti authorities to issue the notification without any further delay.

Among those present at the meeting included Kamal Agmani, Pravin Chhabra, Deen Dayal Barnwal, Umesh Gupta, Mithu Agrawal, Manjeet Singh, Anil Goel, Amit Sahu, Gopal Agrawal, Deepak Katesariya and Manjeet Singh.

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