Establishment and notification of “Market Yard of National Importance (MNI)”

Government may designate and notify the existing any market yard established under Section 7 (2) as “Market Yard of National Importance” or establish and notify any market as “Market Yard of National Importance” after consideration of such aspects as total throughput, value, upstream catchment area, down-stream number of consumers served and special infrastructure requirements therefor: Provided that the market yard handling not less than such annual tonnage or such annual value, as may be prescribed, may be considered for conferring the status as the “Market Yard of National Importance”. Provided further that out of such annual tonnage or such annual value, 30 per cent may arrive from not less than two other States.