Scholarly Research Journal for Humanity Science & English Language , Online ISSN 2348-3083, SJ IMPACT FACTOR 2016 = 4.44, www.srjis.com UGC Approved Sr. No.48612, DEC-JAN 2018, VOL- 5/25
ROLE OF AGRICULTURAL MARKETS IN DEVELOPMENT AND PLANNING OF ARID RAJASTHAN Praveen Rani, Ph. D. Principal SDS College for Woman. Lopon Distt Moga Scholarly Research Journal's is licensed Based on a work at www.srjis.com
Modern economic development involves a high degree of functional and location specialization and therefore requires an efficient marketing system of agricultural products, that has been provided through regulation and establishment of regulated markets. Although, regulated markets are set up, to start with, to ensure fairer market practices in purchase and sale of agricultural produce and to provide physical prerequisites for efficient and orderly marketing, yet these markets act as controlling centers of economic activity. Apart from the facilities of credit, marketing, storage, etc‌, a number of agricultural input supply establishments and agro processing industries are also coming up in these focal points. These regulated markets are also becoming important centers of business and points for distribution of consumer goods and farm inputs. Therefore, regulated markets also provide vast employment opportunity both directly and indirectly. In Rajasthan, regulated markets (known as Krishi Upaz Mandi) are doming various developmental work, some of them are related to markets development, while others are with regional development and rural welfare. Before we discuss the role of regulated markets in development, it is necessary to have knowledge of the financial aspect, because every development work needs finance DEVELOPMENT FUNDS: The main source of income of regulated markets in the State is the market fee. Every regulated market is authorized to charge market fee 1.25% of the cost of produce sold, from the buyers in addition to it they are also entitled to charge license fee from traders. The following table indicates the total markets fee collected by all the regulated markets in the region. It becomes clear that the main source of income of HUMS is the market fee. The total income from markets fee in the region in year 1984-85 was Rs.732.53, which has reached up to Rs. 2885.7 in year, which has reached up to Rs.2855.7 in year 1992-93. The State Copyright Š 2017, Scholarly Research Journal for Interdisciplinary Studies