(1) There shall be established a fund to be called Kendriya Mandi Fund, which will be operated by the Managing Director and in which the following amounts shall be credited; namely- (a) all amount of Development cess received from the Mandi Samities under sub section (5) of section 31; (b) such other amounts, as the State Government or the Board may direct. (2) The Kendriya Mandi Fund be utilized for the following purposes, namely- (a) aid to financially weak and under developed Committees in the form of loans and grants; (b) development works in the hilly areas; (c) expenditure involved on the value addition and processing of agriculture produce; (d) any other purposes, as per the direction of the State Government or the Board.
Section 62: Kendriya Mandi Fund
The Uttarakhand Agricultural Produce Marketing (Development and Regulation) Act, 2011State Act of Uttarakhand · Act 9 of 2011
Where this provision sits
| Act | The Uttarakhand Agricultural Produce Marketing (Development and Regulation) Act, 2011 |
|---|---|
| Section | 62 |
| Marginal note | Kendriya Mandi Fund |
| Jurisdiction | State of Uttarakhand |
| Status | In force as published by the source |
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