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.

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.