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State of Uttarakhand - Section

Section 62 in Uttarakhand Agricultural produce Marketing (Development and regulation) Act, 2011

62. Kendriya Mandi Fund.

(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.