Private Markets

No person shall open a new Private Market after the commencement of this act, or continue to keep open a Private Market unless he obtains from the Grama Panchayat a licence to do so for a period not exceeding one year in the prescribed manner and such licence may be renewed every year. Provided that in the Schedule Areas, the Grama Panchayat, subject to the control and supervision of the Grama Sasan shall have power to manage village markets by whatever name called.