Karnataka Agricultural Produce Marketing (Regulation) Act, 1966 Section 111 - Bare Act

The Marketing Development Fund shall be utilised by the Board for the following purposes, namely:-

(i) grading and standardisation of agricultural produce;

(ii) general improvement of the regulation of marketing in the State;

(iii) giving aid to financially weak¹[or needy] market committees in the form of loans and grants;

(iv) acquisition or construction of buildings for performing the duties of the Boards;

(v) payment of the pay, pensions, leave allowances, gratuities, compensation for injuries resulting from accidents, compassionate allowances, contributions towards leave allowances, pensions or provident fund of the officers and servants employed by the Board;

(vi) travelling and other allowances to the members of the Board;

(vii) propaganda and publicity on matters relating to regulated marketing of agricultural produce;

(viii) meeting any legal expenses incurred by the Board;

(ix) imparting education in regulated marketing of agricultural produce;

¹[(ixa) general improvement of the facilities for the transport of notified agricultural produce to the market yard, market sub-yard or sub-market yard, and the marketing there of.]

(x) training the officers and staff of the market committees in the state;

²[(xa) providing technical and administrative assistance to market committee including execution of works;]

(xi) any other purpose of general interest to regulated marketing of agricultural produce.

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1. Inserted by Act 17 of 1980 w.e.f.30.6.1979

2. Inserted by Act 35 of 1986 w.e.f.17.6.1986