APMC owes Palike Rs 3.6 crore
A recent tabulation by the Bruhat Bangalore Mahanagara Palike (BBMP) discovered that the APMC owes Rs 3.6 crore in past dues.
In a letter to Principal Secretary of the Co-operative Department, who has authority over the APMC, BBMP Commissioner Siddaiah explained the situation.
Rs 4,000 monthly rent
The vegetable market at Kalasipalya was leased out to the APMC on December 2, 1987 on an annual rent of Rs 10 lakh, with an increase of Rs one lakh each year. In addition, the AMPC had agreed to pay a monthly rent of Rs 4,000 for having its office in the vegetable market.
Siddaiah has asked the APMC to clear its dues at the earliest possible date.