TourismPlays a Key Economy for the District even though Agriculture and Fishing are the Major ones. Shrines, Places of Hindu Faith, Mosques forms the Spritual Tourism for the district. Annual Festivals and functions marks glory of the Year. Heritages like Tarangam padi Fort, Poompuhar speaks of the rich civilization of this land.
One of the major economies of the District, Agriculture contributes a higher share of Rice Production in the State. We have raised so many important agricultural crop in our District. Rice, Groundnut, Pulses, Gingelly, Sugarcane and Cotton.
The Department of Agricultural Marketing, Tamil Nadu, has been functioning successfully since 1977, with prime objective of Regulating the Marketing of Agricultural produce thereby enriching the lives of the farmers through remunerative price realisations as well as supplying people with quality produce for a healthier life. It has meticulously metamorphosed since 2001 as Department of Agricultural Marketing and Agri. Business focussing on other activities like Agri Export, Post Harvest Management, Food Processing, and Agricultural Marketing developmental activities in the wake of the liberalization of the economic policy of the country.
Definition of regulated market:
Regulated market is wholesale market where buying and selling is regulated and controlled by the state government through the market committee.
It aims at the elimination of unhealthy and unscrupulous practices reducing marketing charges and providing facilities to producers and sellers in the market. The poor standards of primary and secondary markets where producer convert their produce into cash. The prevalence of various malpractice's such as short-weights, excessive market charges, unauthorized deduction, adulteration of produce and the absence of machinery to settle disputes between sellers and buyers were recognized as the main hindrances in agricultural marketing. These defects and malpratices can be recover by the establishment of regulated marketing there country may be regulated either by local bodies or under state legislation was suggested first in 1928 by the Royal commission on Agriculture. The movement of regulation of market gained momentum only after 1930. The Bombay Agricultural produce market act of 1939 was passed in respect all agriculture produce Viz., cereals, fibres and fruits etc. Regulated markets usually handle tobacco, cotton, groundnut, grains, coconuts, arecanuts, potatoes and turmeric etc.
Main features of regulated markets:
MARKET COMMITTEEMarket committee is comprised of representatives from different sectors of society that is farmers, traders, government local bodies and co-operative. In general it is observed that market committee consists of 15 members 10 from farmers 3 from traders and 1 each from the government and local bodies.
AREA OF OPERATIONThe concerned state government notifies that its intention to regulate trade practices in specified area such an area of operation is laid down either as a municipal limit or district or even it may be a region. In Maharashtra area of operation of each regulated market restricted to one taluka.
METHODS OF SALESIn regulated market the sale of agril. Produce is undertaken either by open auction or by close tender method these sales method ensure a fair and competitive price for the produce and prevent the cheating of farmers by market functionaries. By these methods, the sale is carried out under the supervision of an official of the market committee.
LICENSING OF MARKET FUNCTIONARIESAll the market functionaries including traders working in the regulated market have to obtain a licence from the market committee after paying the prescribed fee to carry on their business, the licensed traders have to keep proper record and maintain accounts in accordance with the buy-laws of the market committee.
MARKET LEVIES OR FEES:Growers and traders have to pay market fees which are calculated on the basis of value of volume of a commodity bought and sold in the markets. Sometimes it may be based on cartload or truckload.
SETTLEMENTS OF DISPUTESDisputes arising between producer seller and traders by reason of the quality of the producer, accounts and deductions of unauthorized charges are solved by the sub-committee of the market committee this avoid the legal complications and unnecessary expenditure.
expensesTo meet its administrative expenditure and in order to create infrastructure facilities in the market area the market committees gets funds from the following sources:
- Market fees on the produce brought for the sales in the market yard.
- License fee, renewal fee of market middlemen functioning in the area.
Advantages of regulated markets
- Market charges are clearly defined and specified.
- Market practices are regulated and undesirable activities are brought under control.
- Correct weighment is ensured by periodical inspection and verification of scales and weights.
- Suitable arrangements for the settlement of disputes is provided.
- Reliable and up to date market news are made available to the farmers.
- Suitable quality standards and standard terms for buying and selling are conveniently enforced.
- Reliable statistics of arrivals, stocks, prices are maintained.
- Other facilities like shades for the sale of produce, space for parking carts, drinking water facilities and cisterns of cattle, rest houses, grading and warehousing facilities are provided.
- Open auction method is strictly followed.
- Propaganda for agricultural improvement is more conveniently carried out. Taking over all picture regulated markets have produced a whole some effect on marketing structure and have generally raised the efficiency or marketing at the primary level.
Vision & Mission
The Vision of the Department of Agricultural Marketing & Agri Business is to ensure fair price to the farming community who are left behind in the competitive marketing scenario and the mission of achieving this is by enforcing the existing act and rules most effectively and also by devising, implementing new technologies aimed at reducing pre and post harvest losses through appropriate methods and encourage value addition.
Regulated markets are functioning under market committees. At present 21 Market committees are functioning in Tamil Nadu at district Level. There are 268 Regulated Markets, 15 Check Posts, 108 Rural Godowns and 108 grading centres functioning under the Market Committees. Competitive and remunerative prices are ensured for the produce sold by the farmers through closed tender system in the Regulated Markets. Free grading facilities for agricultural commodities and issuing pledge loan during distress sale are also available in the Regulated Markets. The farmers of states of Maharashtra, Karnataka and Andhra Pradesh, sell their produce only through regulated markets as compulsory marketing is in force. 1 to 2 % of the value of the produce is collected as market fees from the traders who procure the produce from the farmers.
Services Rendered in the Regulated Markets
Regulated Markets provides facilities such as correct measurement by using electronic weigh bridges and weighing balances, godown facilities, bank facility, immediate payment, daily price information, rest sheds, drinking water facility, cattle sheds, free medical aid to farmers, input shops, phone and fax facilities etc. Under "AGMARKNET" centrally sponsored scheme 93 regulated markets have been provided with computer and Internet connectivity for effective price dissemination among farmers through AGMARKNET website. The information on commodity prices prevailing in various markets is made available; the farmers would be able to get better price of their produce by moving their produce to the market which pays higher. During the year 2007-08, 100 Regulated markets were computerized through AGMARKNET.
Notification of produce
So far, 42 Agricultural Commodities like cereals, millets, pulses, oilseeds, cotton, turmeric, etc. have been notified. Necessary action is being taken for Uniform notification of agricultural commodities throughout the state during this financial year.
Pledge Loan Facilities to Farmers
In order to avoid distress sales by the small and marginal farmers in the peak season, Regulated Markets are issuing pledge loan to farmers. Under this scheme, the farmers can store their agricultural produce in the godowns of Regulated Markets for a maximum period of 6 months and take pledge loan of 75% of the total value of the produce upto a maximum of Rs.1,00,000. Likewise Pledge Loan facilities are extended to traders also with the rate of interest specified from time to time. Interest at the rate 9% for traders is charged for pledge loan facilities. During the previous financial year interest rates were reduced from 8% to 5% for the benefit of farmers.
CHARACTERISTICS AND BENEFITS OF REGULATED MARKETSRegulated markets have certain unique characteristics and benefits. They are:
- No underhand dealing.
- Regulated "Marketing Committee".
- Settlement of dispute through "Arbitration Committee".
- License holders only can enter into trade within market yard.
- Ensures fair prices to the farmers.
- Choice of good quality.
- Facilities to buy required quantities.
- Eliminates intermediaries, brokers, and commission agents.
- Facilities for grading and storage.
- Readily available market information.
- Free services to farmers.
In India, shandies, chuna, hat, painth, bazaar, mandi, gungs, fairs, regulated markets, co-operative marketing, uzhavar sandhai, and state trading are the existing facilities to the farmers to market their produces. However, such system of marketing lack efficiency and are inelastic to the hard luck of farmers who are exploited by the middlemen. Hence, in order to reduce marketing charges, ensure fair prices to farmers and to do away with exploitative marketing practices the regulated markets were setup.
The regulated market refers to a market where the activities are to take place under a set of rules and regulations. It aims at the development of marketing structure to ensure fair price to the farmers, narrow down the price spread between producer and consumer and reduce non-functional margins of the middlemen.
Organization of regulated markets and constitution of market committee
The primary object of regulating the market is to safeguard the interest of the producer sellers raise the standards of the local Markets where the first exchange of the goods takes place. With a view to achieve the object in each of the regulated markets. Market committees are established consisting of the representatives of the growers, traders, local bodies, sellers, co-operative shops and the state government nominees. Producers are generally in the majority on these committees. The market committee should consist of 12 to 18 members depending on the size of the market and other considerations, which are responsible for utilizing the fund for
- Maintenance and improvement of the markets and its buildings.
- Maintenance of standards of weights and measures.
- Pay and pension of the staff
- Payment of interests of loans.
- Collection and dissemination of market information.
- Propaganda for agricultural improvement.
Tamil Nadu Farmers Development and Welfare Scheme
Under this scheme, the farmers / tenants who sell one metric tone of paddy (or) equivalent value of their agricultural produce through Regulated Markets every year will be enrolled under this scheme and are eligible for a grant of a lumpsum amount up to Rs. 1, 00,000, in case of death/ permanent disability occurring due to accident / death due to snake bite. In case the eligible farmer / tenant looses both the hands or both the legs and both the eyes due to accident, is eligible for a grant of Rs.75, 000/-. In case of losing one hand or one leg or one eye or hip disability due to accident the farmer / tenant is eligible for a grant of Rs.50,000/-. The farmers need not pay any premium for this fund. The Market Committee concerned and the Tamil Nadu State Agricultural Marketing Board will bear the premium amount of Rs.10 per individual per year equally.