A Study of Performance of Regulated Market and Its Benefits

Abstract

The main objective of regulating the market is protecting the interest of producer, sellers increase the standards of the local Markets where the first exchange of the commodities take its place. In order to attain and reach the object of each regulated markets hence the establishment of Market committees are executed which is consisting of the representatives of the cultivators, dealers, locals’ bodies, co-operative, shops, sellers, and the selected state government candidates. Producers are mostly considered in these committees. The committee of market, would consist of (12) to (18) members, subjected to the size of the market. Regulated Markets have many advantages and benefits such as the growers are encouraged to bring their produce straight to the markets, Growers are protected from the manipulation of market functionaries, Market costs are definite and obligatory, Growers are ensured with better prices, Obtainability of the staffs for the disbursement of disputes, Facilities like platforms for the sale transactions, parking storage facilities, rest houses, and etc. are made available, Growers have accessibility to up-to-date, market information and Marketing costs are lowered and the producer share in consumer will increase. The regulated market functions are to deliver marketing facilitates, marketing of notified crops regulation, as well as to create a yards of the required infrastructural facilities.