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 : —
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. ]