Section 11 in The M.P. Cotton Ginning and Pressing Factories Rules, 1962
11. Factors to be considered in fixing maximum rates.
- In fixing the maximum rates of ginning and/or pressing of cotton the rate fixing committee shall take into consideration the following among other factors :(a)amount of cotton to be ginned;(b)ginning outturn;(c)labour charges including management and maintenance of expenses;(d)cost of fuel;(e)railway freight;(f)quantity of cotton crop to be handled;(g)cost of stores;(h)type of machinery in use;(i)municipal and other taxes;(j)insurance charges;(k)depreciation charges of machinery and building;(l)reasonable rate of interest not exceeding 9 per cent on the invested capital minus the accumulated depreciation fund.
