Amendment status not verified — confirm the current text below against the official source.
The Market Development Fund shall be utilized by the Board either on its own or through public private partnership for discharge of functions entrusted to the Board under this Act. Without prejudice to generality of this provision, the Market Development Fund may be utilized for the following purposes, namely.- (i) Payment of administrative expenditure of the Board; (ii) Payment of traveling and other allowance to the Chairman and Members of the Board; (iii) Payment of legal expenses incurred by the Board; (iv) Granting aid to financially weak Market Committees in the form of loan or grant for development proposes; (v) Propaganda and publicity on matters relating to marketing of Agricultural Produce; (vi) Training of the officers and staff of the Market Committees and Board and also to agriculturists; (vii) Imparting education in marketing of agricultural produce; . (viii)Organizing and arranging workshops, seminars, exhibitors etc., on development of marketing; (ix) Promotion and construction of infrastructural facilities in the market area; (x) General improvement of the regulation of marketing in the State; (xi) Providing technical assistance to the Market Committees; (xii) For any other purposes, deemed necessary for execution of the functions assigned to the Board under this Act or as directed by the State Government; (xiii) Market survey and Research, grading and standardization, quality certification of agricultural produce and other allied subjects; (xiv) Acquisition or constructions or hiring by lease or otherwise of buildings or land for performing the duties of the Board; (xv) Internal audit of the Board and the Market Committees; (xvi) Development of Haat Bazaars for marketing of agricultural production in the market areas; (xvii) Development of quality testing and communication infrastructure relevant to agriculture and allied sectors; (xviii) Development of media, cyber and long distance infrastructure relevant to marketing of agricultural and allied commodities.