Agriculture Marketing
Agricultural Marketing & Agri-Business :: Markets & Co-operatives

Regulated Markets

Introduction

Regulated markets are functioning under market committees. At present 21 Market committees are functioning in Tamil Nadu at district Level. There are 268 Regulated Markets, 15 Check Posts, 108 Rural Godowns and 108 grading centres functioning under the Market Committees. Competitive and remunerative prices are ensured for the produce sold by the farmers through closed tender system in the Regulated Markets. Free grading facilities for agricultural commodities and issuing pledge loan during distress sale are also available in the Regulated Markets. The farmers of states of Maharashtra, Karnataka and Andhra Pradesh, sell their produce only through regulated markets as compulsory marketing is in force. 1 to 2 % of the value of the produce is collected as market fees from the traders who procure the produce from the farmers.

The procurement method is simplified in Tamilnadu so as to benefit the farmer. 1% of the value of the produce is collected as market fee from traders . Action is being taken for the construction of own building for Nilgiris Market Committee and 4 regulated markets at Ooty, Kothagiri, Coonur and Gudalur during this year at a cost of Rs. 3.25 crores. Necessary steps will be taken to acquire land for this purpose through District Collector, Nilgiris.


Bhoothapady regulated market in Erode

List of Market Committees In Tamil Nadu

S.No
Market Committees Phone Numbers Number of markets
1. Kancheepuram 04112-222811 14
2. Vellore 0416-2220713 12
3. Tiruvannamalai 04175-252397 16
4. Cuddalore 04142-2230037 10
5. Villupuram 04146-229944 17
6. Salem 0427-2477467 19
7. Dharmapuri 04342-260971 16
8. Coimbatore 0422-2312477 18
9. Erode 0424-2252702 24
10. Tiruchirapalli 0431-2422167 17
11. Thanjavur 04362-223005, 277517 29
12. Pudukkottai 04322-265695 10
13 Madurai 0452-2533940 21
14. Ramanathapuram (Virudhunagar) 04562-243524 20
15. Tirunelveli 0462-2572862 19
16. Kanyakumari 04652-275900 6
17. Theni 04546-252207 -
18. Dindigul 0451-2427463 -
19. Tiruvarur 04366-250481 -
    Total 268

Committee wise regulated markets in Tamilnadu

Services Rendered in the Regulated Markets

Regulated Markets provides facilities such as correct measurement by using electronic weigh bridges and weighing balances, godown facilities, bank facility, immediate payment, daily price information, rest sheds, drinking water facility, cattle sheds, free medical aid to farmers, input shops, phone and fax facilities etc. Under "AGMARKNET" centrally sponsored scheme 93 regulated markets have been provided with computer and Internet connectivity for effective price dissemination among farmers through AGMARKNET website. The information on commodity prices prevailing in various markets is made available; the farmers would be able to get better price of their produce by moving their produce to the market which pays higher. During the year 2007-08, 100 Regulated markets were computerized through AGMARKNET.


Mylambady Regulated Market

Facilities Available in Regulated Markets


Sl.
No.

Market Committees

Own Land

Godown

Rural Godown

Transaction Shed

Drying Yard

Farmers Rest Shed

Sanitary Facilities

Drinking water Facilities

1. Kancheepuram 7 -- 5 4 7 2 6 5
2. Vellore 9 6 4 6 4 2 7 7
3. Tiruvannamalai 13 5 7 14 11 6 10 9
4. Cuddalore 5 2 3 11 5 3 9 5
5. Villupuram 12 4 9 26 13 10 22 12
6. Salem 5 1 2 4 4 -- 4 3
7. Dharmapuri 9 1 4 7 7 3 11 7
8. Coimbatore 18 58 11 19 21 6 14 12
9. Erode 14 12 9 19 16 3 14 14
10. Tiruchirapalli 12 13 10 24 13 3 19 11
11. Thanjavur 10 11 4 17 7 6 9 9
12. Pudukkottai 3 1 2 3 2 1 3 2
13. Madurai 4 -- 2 1 3 3 2 3
14. Ramanathapuram 14 8 10 12 10 2 12 13
15. Tirunelveli 15 3 12 9 13 10 14 15
16. Kanyakumari 5 2 5 6 7 5 5 5
17. Theni 4 -- 2 3 6 1 3 4
18. Dindigul 6 1 4 6 7 -- 5 5
19. Nagapattinam 1 1 1 2 1 -- 1 1
20. Tiruvarur 1 -- 2 1 1 2 1 1
21. Nilgiris -- -- -- -- -- -- -- --

  Total

167

129

108

194

158

68

171

143

Notification of produce

So far, 42 Agricultural Commodities like cereals, millets, pulses, oilseeds, cotton, turmeric, etc. have been notified. Necessary action is being taken for Uniform notification of agricultural commodities throughout the state during this financial year.

Pledge Loan Facilities to Farmers

In order to avoid distress sales by the small and marginal farmers in the peak season, Regulated Markets are issuing pledge loan to farmers. Under this scheme, the farmers can store their agricultural produce in the godowns of Regulated Markets for a maximum period of 6 months and take pledge loan of 75% of the total value of the produce upto a maximum of Rs.1,00,000. Likewise Pledge Loan facilities are extended to traders also with the rate of interest specified from time to time. Interest at the rate 9% for traders is charged for pledge loan facilities. During the previous financial year interest rates were reduced from 8% to 5% for the benefit of farmers.

Tamil Nadu Farmers Development and Welfare Scheme

Under this scheme, the farmers / tenants who sell one metric tone of paddy (or) equivalent value of their agricultural produce through Regulated Markets every year will be enrolled under this scheme and are eligible for a grant of a lumpsum amount up to  Rs. 1, 00,000, in case of death/ permanent disability occurring due to accident / death due to snake bite. In case the eligible farmer / tenant looses both the hands or both the legs and both the eyes due to accident, is eligible for a grant of Rs.75, 000/-. In case of losing one hand or one leg or one eye or hip disability due to accident the farmer / tenant is eligible for a grant of Rs.50,000/-. The farmers need not pay any premium for this fund. The Market Committee concerned and the Tamil Nadu State Agricultural Marketing Board will bear the premium amount of Rs.10 per individual per year equally.

List of Regulated Markets in TamilNadu

 

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