Constitution of the Market Committee for Market of National Importance

(1) Save as provided under sub-section (1) of Section 10 the State Government may by notification establish separate Market Committee for effective implementation of provisions of this Act for such markets located in the State which are considered as the “Markets of National Importance” (2) The State Government may, after consideration of such aspects as the turn over, upstream catchment area, down stream servicing (number of consumers served) and price leadership (whether the market influence the price at the National level), declare the markets as “Market of National Importance.” Provided that the markets handling not less than one lakh ton of produce per year (out of which at least 30% of the arrival may be from not less than two other States) may be comdidered for coferring the status as the ‘Market of National Importance’ provided such market influences the price of the regulated commodity at the national level: (3) All provisions for and inrelation to the Market Committee made in the Act shall mutatis mutandis apply to the market committee established for the ‘Market of National Importance’ under sub section (1):