Amendment status not verified — confirm the current text below against the official source.
(1) The Goverment may, from time to time, by notification – (a) specify the places at which cocoon markets or cocoon market yards shall be located. (b) Fix the basic price at which standard quality cocoons for reeling may be sold or bought: (c) specify, a sliding scale of prices for variations from the standard quality calculated on the basic price; (d) specify the sericultural areas in the State, to be served by each cocoon market where silkworm cocoons produced within such areas shall be sold: (e) assign zones and markets in which any licensed buyer may carry on his business. (2) After taking into consideration the quantity of silkworm cocoons available in the State and the scale of operations and consumption of silkworm cocoons by each licensed buyer, the Government may from time to time, by order determine the quota of silkworm cocoons to be sold to licensed buyers. Power to obtain information