State · Nagaland
Section 115 of The NAGALAND AGRICULTURAL PRODUCE AND LIVESTOCK MARKETING (PROMOTION AND FACILITATION) ACT, 2020
Utilization of Marketing Development Fund Maintained by Board.
- (I)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.
- (2)Without prejudice to generality of this provision, the Market Development Fund may be utilized for the following purposes, namely- The Nagaland Gazette, Part-V 15, May, 2020
- (i)Payment of administrative expenditure of the Board.
- (it)Payment of travelling and other allowance to the Chairperson, Vice-chairperson 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 including livestock. (vi) Training of the ollicers and staff of the Market committees and Board and also to market functionaries and agriculturists, (vii) Organizing and arranging workshops, seminars, exhibition etc.. on development of marketing. (viii) Promotion and construction ofinfrastructural facilities in the principal market yard, sub-market yard and market sub-yard and in also common market infrastructural facilities in the delineated market area. (ix) Undertaking skill development and pledge financing activities. (x) Undertaking market survey and research, grading and standardization, quality assaying, quality certification of agricultural produce, on-line trading and other activities connected thereto. (xi) Acquisition or constructions or hiring by lease or otherwise of buildings or land for perlrming the duties of the Board. (xii) Internal audit of the Board and the Market Committees. (xiii) Development of 1-Iaai Bazars and farmer consumer markets for marketing of agricultural produce in the delineated market areas; and explore the possibility of developing such markets for livestock also, (xiv) any other purpose, deemed necessary for execution of the functions assigned to the