Amendment status not verified — confirm the current text below against the official source.
Purposes for which Market Committee Fund may be expended.- Subject to the provisions of section 29, the amount standing to the credit of the market Committee Fund may be expended for all or any of the following purposes, namely :- (a) acquisition or requisitioning of any site or building or purchase of other assets for the market committee for carrying out the purposes for which it is established : (b) established, maintenance and improvement of the markets and providing such facilities in the market as the Government may direct under sub-section (1) of section 6 ; (c) construction and repair of buildings which are necessary for the purposes of such markets and for the health, convenience and safety of the persons using it ; (d) provision and maintenance of standard weights and measures ; (e) payment of amounts to the Government under sub-section 3 of section 22 ; 20 (f) payment of amount under sub-section (6) of section 33 ; (g) payment of interest on loans that may be raised by the market committee for carrying out the purposes for which it is established and the provision of a sinking fund in respect of such loans ; (h) collection and dissemination of information regarding all matters relating to statistics and marketing in respect of the notified agricultural produce ; (i) schemes for the extension of cultivation or cultural Improvement of the notified agricultural produce within the notified area, including the grant subject to the approval of the Government, of financial aid, to schemes for such extension or Improvement within such area, undertaken by other bodies or individuals ; (j) schemes for drying, cleaning, standardizing, sampling and grading of the notified agricultural produce in order to make it fit for marketing ; (k) payments towards publicity and propaganda for the promotion of the activities of the market committee (l) contributions to the Market Board Fund ; (m) payment of insurance premium on the insurance policy of stocks held or handled in godowns and transaction sheds in markets against fire, flood and the like and of vehicles used by the market committee; or (n) such other purposes as may be authorized by the Government in this behalf by general or special order.