STOCK MARKET BSE NSE

Kothapet market’s relocation catches stakeholders off-guard

The officials cited the High Court order which allowed the State government to relocate the market to facilitate the construction of a super speciality hospital on the land.

Published: 26th September 2021 07:29 AM  |   Last Updated: 26th September 2021 07:29 AM   |  A+A-

Market officials were busy announcing that it was the market’s last operational day at the present location in Kothapet on Saturday

Market officials were busy announcing that it was the market’s last operational day at the present location in Kothapet on Saturday

Express News Service

HYDERABAD: With the Gaddiannaram Agricultural Market Committee moving swiftly to shift the Kothapet Fruit Market to a temporary location at Batasingaram Logistics Park by the end of the month, all actors in the supply-chain, including commission agents, wholesale traders, retail vendors, hawkers and daily-wage labourers, who have been depending on the market for decades, have been caught off-guard.

Market officials were busy announcing that it was the market’s last operational day at the present location in Kothapet on Saturday and were asking commission agents to shift their operations to the temporary facility located 35-40 km away from Kothapet.

The officials cited the High Court order which allowed the State government to relocate the market to facilitate the construction of a super speciality hospital on the land. Faced by the imminent reality, commission agents scurried to look for legal options, which they believe were still open, as another petition on the same issue filed by a commission agents’ union is coming up for hearing on September 29.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp