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Section 1

[ 26-PPP. (1) There shall be established a Fund to be called the ―Central Mandi Fund‖ to which the following amount shall be credited, namely : —

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1 [ 26-PPP. (1) There shall be established a Fund to be called the ―Central Mandi Fund‖ to which the following amount shall be credited, namely : — (a) all moneys paid to the Board under sub-section (6) of section 19 ; (b) such other amount as the State Government or the Board may direct. The Central Mandi Fund shall be utilized by the Board for the following purposes namely :— (a) assistance to financially weak and under developed Committees in the form of loans or grants ; (b) construction, maintenance and repairs of market yards, links roads, culverts and other development works in the market area ; (c) grants or loans to the committees for development works ; (d) such other purposes as may be directed by the State Government or the Board in such manner as may be prescribed. ]