The Telangana (Agricultural Produce and Livestock) Markets Act, 1966
The Telangana (Agricultural Produce and Livestock) Markets Act, 1966
This legislation regulates the purchase, sale, and processing of agricultural goods, livestock, and animal products in Telangana. It applies to growers, traders, buyers, and commercial entities operating within designated market zones. The law matters because it establishes governing market committees to manage physical yards, private markets, and modern electronic trading platforms. By structuring these transactions, it prevents unfair business practices and ensures small farmers receive fair prices for their yields. Furthermore, the framework supports contract farming and food processing activities, which secures the regional food supply, boosts rural livelihood opportunities, and helps to build a stable, transparent statewide agricultural economy.
- 1. Short title, extent and commencement.
- 2. Definitions.
- 3. Declaration of notified area.
- 4. Constitution of a market committee and declaration of notified market area.
- 5. Composition of market committee.
- 5A. Constitution of market committee for Special Markets.
- 6. Reconstitution of the market committee.
- 6A. Power of Government or the Director of Marketing to suspend the Chairman of the Market Committee.
- 6B. Power of Government or the Director of Marketing to withdraw the powers of Chairman.
- 7. Licensing of Traders, Commission Agents, Processors, Direct Purchase Centres, Private Markets etc., and Regulation of Trade.
- 7A. Omitted.
- 7B. Omitted.
- 8. Sub-committee and delegation of powers.
- 9. Meetings.
- 10. Appointment and salaries of officers and servants of market committee.
- 11. Execution of contracts.
- 11-A. Contract Farming.
- 12. Levy of fees by the market committee.
- 12A. Submission of return of turnover by trader.
- 12B. Assessment of market fees.
- 12C. Payment of market fees and other dues payable under the Act.
- 12D. Recovery of market fees where business of trader is transferred.
- 12E. Appeals.
- 12F. Revision by the Director of Marketing.
- 12G. Appeal to High Court.
- 13. Levy of subscription for market reports etc.
- 14. Market Committee Fund.
- 15. Purposes for which the market committee Fund may be expended.
- 16. Central Market Fund.
- 17. No trade allowance permissible except as prescribed by rules or under bye-law.
- 17-A. Recovery of excess and unauthorized collections.
- 17-B. Maintenance of true and correct accounts and records by traders, etc.
- 17-C. Power to order production of accounts and power of entry, inspection and seizure.
- 18. Power to borrow.
- 19. Liability of the chairman and member for loss, waste or misapplication of property.
- 20. Member not to be liable personally in respect of a contract or agreement made by or on behalf of the market committee.
- 21. Costs of suit filed against market committee, etc., without notice.
- 22. Supersession of market committees.
- 23. Penalties.
- 23-A. Compounding of Offences.
- 24. Power to write-off irrecoverable amounts.
- 25. Trial of offences.
- 26. Recovery of sums due to Government and market committee.
- 27. Revision.
- 27-A. Power to remove difficulties.
- 28. Act not to apply to markets established by or on behalf of Government.
- 29. Payment of compensation in respect of markets in municipalities and in areas within jurisdiction of other local authorities.
- 30. Act to override other laws.
- 31. Registration of document executed on behalf of a market committee.
- 32. Power of the Government to regulate or prohibit commission agents.
- 32-A. Omitted.
- 33. Power to make rules.
- 34. Bye-laws.
- 35. Exemption.
- 36. Repeal and savings.
- 37. Validation.
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