Horti-Business Management (2+0)

Functions of a Market Committee

• Functions of a Market Committee include:
1. Maintaining and management of the market
2. Enforcing in the market area the provisions of the Act, the Rules and the Bye-laws.
3. Enforcing the conditions of licences granted to different market functionaries in connection with the purchase and sale of agricultural produce regulated by it;
4. Granting, renewing, suspending, and cancelling a general or special license for the purchase and sale of regulated agricultural produce.
5. Providing all facilities in the market;
6. Levying fees on the produce bought or sold in the market area and collecting them through agents.
7. Managing the income, incurring the expenditure and investing the surplus funds;
8. Preparing budget estimates of its income and expenditure for the nest year.
9. Maintaining a register of licensed traders, general commission agents; and of the fees collected;
10. Prescribing the market charges for the services of different market functionaries;
11. Taking all possible steps to prevent adulteration of agricultural produce in the market area.
12. Promoting grading and standardization of agricultural produce;
13. Collecting and maintaining daily lists of prices of different types and grades of agricultural produce regulated by it, and supplying them to the government, when required.
14. Appointing the Secretary of the Committee, other officers and servants for managing its affairs, and a Disputes Committee for settlement of disputes between buyers and sellers.
15. Issuing directions for the guidance of the persons using the markets.