(x-d) development of Haat Bazars for marketing of agricultural  produce in the market areas;

    (x-e) payment of expenses of election of Financially weak market committees under this Act.]

  .[1][(x-f) investment of surplus funds in the share capital of companies in the co-operative sector which are engaged in Agricultural processing industries and use proven technology and whose projects are shown to be bankable and economically viable, with the prior sanction of the State Government.]

  .[2][(x-g)  development of testing and  communication infrastructure relevant to agriculture and allied sectors.]

   (xi)         any other purposes of general interest to regulate marketing of agricultural produce.

  45.  Power of Board to borrow.-  The Board may, for carrying out the provisions of this Act, borrow money from the State Government or may with the previous approval  of the State Government,--

(i)         from any other agency; or  

(ii)        issue debentures on the authority of any property vested in it or on the security of a part of its future income accruing to it under this Act, or the rules made thereunder.  

46.  Duties and functions of Board.- The Board shall,--  

(a)        as far as possible carry out the functions specified in section 44 on which the fund of the Board may be expended; 

            (b)        advise on all matters referred to it by the State Government ;  

(c)        exercise such powers of the State Government under this Act and rules made thereunder as may be delegated to the Board;  

(d)        advise the State Government from time to time of its own accord on the following matters:  

(i)   principles to be followed in fixation of price of agricultural produce;  

                        (ii)  steps to be taken for managing the markets efficiently;


[1] Ins. by M.P. Act 11 of 1998 [9.6.1998]

[2] Ins. by M.P. Act 21 of 2000 [13.7.2000]


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