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CAMPCO warns against misuse of membership cards to sell spurious areca nuts

Business Standard LogoBusiness Standard8h ago

CAMPCO warns against misuse of membership cards to sell spurious areca nuts - Business Standard

Quick Summary:

The multi-state areca co-operative, Central Areca Marketing and Processing Co-operative (CAMPCO) has issued a stern notice to areca nut traders for misusing its membership cards and posing as farmers to sell spurious areca nuts to CAMPCO branches.

Recently, a trader, taking advantage of a farmer's card, attempted to sell low-quality areca nuts from Burma (Myanmar) by mixing them with local areca nuts at the CAMPCO Puttur branch.

In a statement, CAMPCO has stated that some traders, who have established good relationships with farmers, are misusing CAMPCO membership cards to pose as farmers and sell arecanut at its branches.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-07 @ 11:37:08 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 276 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22396270

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 157 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://beamstart.com/news/campco-warns-against-misuse-of-17256901853822

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