The Telangana State Agriculture Produce is being regulated under the Telangana State (Agricultural produce and Livestock) Markets Act, 1966 – the preamble of the Act is an act to consolidate and amend the law relating to the regulation of purchase and sale of Agricultural produce, Livestock and products of the live stock and the establishment of Markets in connection therewith.
The Main (Primary) objective of the department and AMCs are to establish modern Markets for efficient Marketing of agricultural products by providing modern facilities in the markets and to enforce the Act, Rules, Bye-laws framed there under.
whereas Market committees are to enforce the provisions of the Act and Rules and Bye-Laws made there under in the notified area and when so required by the Department (or) Government to establish a Market therein providing such facilities in connection with the purchase, sale, weight, storage and processing of Agril. Produce concerned. The Market Committees are service rendering bodies and their main source of Income is Market Fee. The existing rate of Market Fee on purchase (or) sale Transactions of all notified Agril. Produce specified in the Schedule I is 1% of the valuation . Paddy and Cotton has recently been changed to 1% to 1.5%. Fee levied on the purchase or sale of the same.