BANKING, TRADE AND COMMERCE

REGULATED MARKETS

Regulation of markets aims at safeguarding the interests of the buyers as well as sellers by providing for fair dealings in a free market. The markets for agricultural produce in Marathwada region are regulated under the Hyderabad Agricultural Markets Act, 1930 (No. II of 1339 Fasli), as amended from time to time. The Act has done away with various malpractices which caused severe hardships to the producer as well as to the consumer.

The following markets in Bhir district are regulated viz., Parali-Vaijnath, Bhir. Ambejogai, Dharur, Manjlegaon and Georai. The commodities regulated at these markets are cotton, groundnut, jowar, wheat, linseed, tur, safflower, gul, mung.

The markets are under the control of the respective market committees which in most cases provide market yards and regulate the prices and market charges. In what follows is an account of the various regulated markets of the district.

Parali-Vaijnath: The market at Parali-Vaijnath was regulated in 1940 under the Hyderabad Agricultural Markets Act of 1930. The market committee consists of 12 members of whom six represent the growers, four represent the traders, one is nominated by the local body and one by government. The market committee regulates an area lying within the radius of 8 km. (five miles) of the railway station. The agricultural commodities regulated at the market number 56. Of these, paddy, wheat, jowar, tur, groundnut, safflower and cotton are important. In 1960-61 the various functionaries holding a licence at the market yard were 20 first class buyers, 46 second class buyers, 110 traders, 15 dalals, 100 weighmen and 100 hamals. The commission, weighment, hamali and other market charges are fixed bv the market committee. The State Bank of Hyderabad and the Bank of Maharashtra provide finance to the traders. The daily market quota-ions and quotations at other important markets are announced for the convenience of the buyers and sellers.

The following statement shows the arrivals of the various agricultural commodities at the Parali-Vaijnath market yard in 1960-61.

TABLE No. 13

Arrivals of Agricultural Commodities at Parali-Vaijnath Market, 1960-61

Commodities

Total arrivals in quintals

Value in Rs.

(1)

(2)

(3)

Paddy (Coarse)

7,423

2,62,552

Rice (Coarse)

304

17,052

Rice (medium)

44

3,548

Rice (fine)

2

172

Wheat (yellow)

6,408

3,43,047

Wheat (red)

891

40,594

Wheat (bakshi)

107

5,884

Jowar (white)

28,990

10,31,093

Jowar (baradi)

3,091

90,094

Jowar (yellow)

18,181

5,02,503

Fod (khapali)

665

25,848

Bajri

6,218

2,51,917

Gram (yellow)

1,862

76,406

Gram dal

44

2,475

Tur (white)

15,257

5,06,020

Tur (red)

8,10.3

3,05,435

Tur dal

447

21,440

Mung (green)

19,543

8,27,081

Mung (chamki)

627

27,518

Mung (yellow)

76

3,225

Mung dal

3

136

Udid

874

34,286

Masur

6

201

Masur (dal)

33

1,883

Lakh

197

6,181

Lakh dal

108

8,645

Kullhi

804

22,720

Groundnut (bold dry)

1,34,982

1,27,38,810

Groundnut (bold wet)

5,737

2,78,895

Groundnut (bold shelled)

132

13,821

Castor seed (bold)

289

16,987

Linseed

7,385

4,90,230

Sesamum

1,482

1,64,597

Safflower (karadai seed)

27,071

14,24,177

Karela seed

184

12,162

Mustard

266

26,342

Ambadi seed

2,401

69,485

Coriander (Dhane)

168

16,215

Gur

15,918

5,38,219

Cotton (Jarilla)

55,517

50,03,604

Lint

2

371

Rajgira

89

5,039

Math

88

3,396

Vatana

2

55

Baru seed

5

223

Tamarind

67

4,542

Jute (Ambadi Fibre)

15

1,148

Aliv

1

45

Total

422,212

2,52,26,269

Bhir: The market at Bhir was brought under regulation in 1949. It is looked after by a market committee of 12 members. The area under regulation extends over a radius of 12.87 km. (eight miles) around the Collector's office at Bhir. In all, 55 commodities are regulated at the market yard. Of these, white jowar, green mung, gram (gavrari), bold groundnut, coarse paddy and zarilla cotton are important. Nearly 80 per cent of the cereals assembled are sent to outside markets for resale. There are three ginning, one pressing and three oil factories at Bhir. About 95 per cent of the cotton and 75 per cent of the groundnut is sent outside.

The market committee provides numerous facilities for the market functionaries. The functionaries holding licences at the market in 1961 were: 40 adatyas, 49 wholesale buyers, 80 petty dealers, 23 weighmen and 51 hamals. All except the hamals have to pay the yearly licence fees. Traders usually get finances from the State Bank of Hyderabad, the district co-operative bank and private traders. The daily market prices are displayed on the notice board as also the market quotations at some of the important market centres.

The following table shows the total annual arrivals of agricultural commodities at the Bhir market in 1960-61.

TABLE No. 14

Arrivals of Agricultural Commodities at Bhir market, 1960-61

Commodities

Arrivals

Value in Rs.

(1)

(2)

(3)

 

Quintals

B. Mds.

 

Paddy

3,752.55

(10,054)

1,82,928

Rice

417.28

(1,118)

25,408

Fod(Khapli)

2,273.78

(6,092)

80,736

Wheat

3,176.27

(8,510)

1,68,931

Jowar

56,917.98

(1,52,497)

20,67,540

Bajri

24,733.87

(66,268)

11,24,824

Rice (Raley)

13.44

(36)

386

Raigira

11.20

(30)

595

Bhagar

2.24

(6)

141

Kulthi

714.38

(1,914)

22,212

Gram (local)

3,732.03

(9,999)

1,67,945

Gram dal

139 96

(375)

7,848

Tur dal

89.58

(240)

4,992

Mung

10,343.57

(27,729)

4,22,618

Udid

866.66

(2,322)

35,795

Masur dal

2.24

(0)

121

Lakh

4.48

(12)

146

Lakh dal

2.24

(6)

96

Lobha (Chazoli)

5.60

(15)

257

Groundnut (shelled)

241.86

(648)

28,767

Castor seed

8,416.56

(22,550)

56,041

Linseed

2,636.94

(7,065)

1,73,711

Karadai

22,947.17

(61,481)

12,28,334

Niger seed

159.37

(427)

12,345

Mustard (Rai)

15.68

(42)

1,557

Ambadi seed

1231.69

(3,300)

36,560

Cotton (unginned)

13144.39

(35,217)

11,69,465

Chillis (dry)

6.72

(18)

1,095

Turmeric

57.10

(153)

6,179

Tamarind

211.63

(567)

15,569

Gul

11,378.59

(30,486)

3,70,556

Rale

96.29

(258)

3,074

Masur

1.12

(3)

40

The income of the market committee from the market fees, licence fees, etc., amounted to Rs. 33,688.82 in 1961. The expenditure in the same year was Rs. 24,013.24 leaving a surplus of Rs. 9,675.58. The permanent fund of the market committee as on 31st August, 1961, was Rs. 99,530.24. Of the total arrivals at the market valued at Rs. 1,05,40,151, produce worth Rs. 5,68,006 i. e., about 5.87% was assembled by the co-operative marketing society functioning at the market yard.

Ambejogai: The Ambejogai market yard was regulated in 1955. The market committee consists of 12 members. The notified area of the market is 8.04 km. (five miles) around the deputy collector's office. In all 51 agricultural commodities are regulated. Of these, cotton, groundnut, gul, jowar, wheat, paddy, linseed, gram and tur are important. The market committee licenses different market functionaries which in. 1961 were as follows:— 22 commission agents, 39 buyers, 35 petty dealers and 8 weighmen. The various market charges viz., commission, weighing, hamali, etc, are fixed by the market committee. The traders are usually given loans by the branches of the State Bank of Hyderabad and the Bank of Maharashtra. The daily market prices and the prices at other important centres are displayed at the committee's office for the benefit of buyers and sellers.

The income of the market committee, which included market fees, licence fees and miscellaneous receipts, was Rs. 23,797.48 in 1960-61. In the same year the expenditure was Rs. 10,709.04 leaving a surplus of Rs. 4,536.52. The permanent fund of the committee as on 31st August, 1961 was Rs. 13,088.44. The committee has received a government loan of Rs. 30,000 for purchase of land. The following statement shows the yearly arrivals, prices and valuation of the agricultural commodities at the market yard in 1960-61.

TABLE No. 15

Arrivals of Agricultural Communities at Ambejogai market 1960-61

Commodities

Arrivals

Price per B. Md.

Valuation

(1)

(2)

(3)

(4)

 

Quintals

B.  Mds.

Rs.  P.

Rs.

Paddy

4,775.60

(12,795)

14 07

1,79,326 

Rice

132.13

(354)

21 72

7,689

Wheat

5,489.99

(14,709)

19 11

2,81,089

Khapli

183.63

(492)

14 53

7,149

Jowar (white)

3,766.74

(10,092)

14 61

1,47,443

Bardi

3,277.42

(8,781)

11 92

1,00,278

Pilli

13,474.71

(36,102)

10 99

3,64,595

Bajri

429.97

(1,152)

14 94

17,211

Rajgira

7.84

(21)

20 63

433

Gram

924.89

(2,478)

15 47

38,335

Tur

3,490.17

(9,351)

14 35

1,34,187

Mung

2,437.63

(6,531)

16 94

1,10,635

Udid

1,731.09

(4,638)

15 53

69,816

Kulthi

274.33

(735)

10 81

7,945

Groundnut

31,234.59

(83,685)

26 54

21,80,329

Groundnut seed

116.45

(312)

35 97

11,223

Castor seed

204.91

(549)

21 00

11,529

Linseed

1,593.36

(4,269)

24 56

1,02,696

Til seed

185.87

(498)

41 91

20,871

Karadai

546.11

(14,637)

20 03

2,93,179

Niger seed

345.99

(927)

27 44

25,437

Mustard

105.25

(282)

34 23

10,228

Ambadi seed

946.16

(2,535)

11 39

26,673

Cotton

2,569.76

(6,885)

33 43

2,27,502

Onions

113.09

(303)

04 81

1,457

Tamarind

186.99

(501)

27 16

13,607

Dhane

363.91

(975)

35 63

34,739

Gur

2,789.22

(7,473)

12 38

92,516

Lakh

4.48

(12)

13 08

157

Total

 

2,41,074

 

45,18.274

Of the total arrivals valued at Rs. 45,18,274 in 1960.61 produce worth Rs. 28,966 was handled by the Co-operative Marketing Society, Ambejogai.

Dharur: The Dharur market was established under the Hyderabad Agricultural Markets Act in 1960. Various market functionaries licensed at the market yard in 1961 were two commission agents, 27 traders, 23 petty dealers, four weighmen and 23 hamals. All pay the licence fees as fixed by the market committee which also decides weighing, hamati and other market charges.

TABLE No. 16

Arrivals of Agricultural Commodities at Dharur market, 1961-62.

Commodities

Arrivals

Price per B.  Md.

Valuation

(1)

(2)

(3)

(4)

 

Quintals

B.  Mds.

Rs.  P.

Rs.  P.

Gul

1,488.11

(3,987)

18  12

37,789 71

Groundnut

8,772.63

(23,504)

26  25

5,97,951  51

Gram

6.72

(18)

15  00

258  36

Ambadi

33.22

(89)

12  15

1,371  37

Tur-dal

4.48

(12)

22  37

176  32

Paddy

35.46

(95)

17  50

989  13

Jowar

35.46

(95)

20  6

1,189  53

Tur

206.77

(554)

20  50

5,514  42

Mung

12.32

(33)

21  15

386  76

Coriander

2.61

(7)

26  00

264  66

Til

7.46

(20)

31  00

855  27

Kulthi (Hulga)

2.61

(7)

11  75

74  97

Yellow

98.16

(263)

12  62

2,685  81

Karadai

14.93

(40)

20  10

1,277   7

Cotton

15.68

(42)

32  12

1,656  62

Wheat

16.42

(44)

21  00

702  98

Turmeric

0.75

(2)

51  00

102  00

Karela

5.97

(16)

23  12

421  97

Mung

0.75

(2)

12  31

24  62

Matki

1.12

(3)

16  50

50  68

Total

--

(28,850)

--

6,53,743 78

Manjlegaon: The Manjlegaon market was regulated in 1954. The area under regulation extends over five miles around the tahsil office, Manjlegaon. The agricultural commodities regulated at the market yard number 58. Of these jowar, cotton, groundnut, safflower and tur are important. The following statement shows the total arrivals of the various agricultural commodities at this market yard in 1960-61.

TABLE No. 17

Arrivals of Agricultural Commodities at Manjlegaon market 1960-61

Commodities

Arrivals

Valuation

(1)

(2)

 

 

Quintals

B.  Mds.

Rs.

Paddy

447.89

(1,200)

14,916

Rice

417.65

(1,119)

8,937

Wheat

524.03

(1,404)

27,383

Jowar

10,407.80

(27,885)

3,76,388

Bajri

1,040.22

(2,787)

37,625

Gram

329.20

(882)

11,466

Tur

4,846.15

(12,984)

1,68,750

Mung

3,325.19

(8,909)

1,34,091

Udid

3.36

(9)

119

Masur

7.84

(21)

268

Lakh

67.18

(180)

2,703

Math

97.42

(261)

3,117

Kulthi

272.09

(729)

7,350

Valana

19.03

(51)

670

Groundnut

18,895.65

(50,626)

8,48,310

Castor seed

522.91

(1,401)

10,511

Groundnut seed

--

--

--

Linseed

1,246.62

(3,340)

94,264

Til

672.95

(1,803)

26,108

Karadai

10,488.42

(28,101)

1,16,928

Mustard

21.27

(57)

1,915

Ambadi

546.42

(1,464)

14,445

Cotton

13,367.22

(35,814)

12,16,108

Coriander

6.72

(18)

693

Gul

138.85

(372)

5,477

Georai: The Georai market was regulated in 1959 and covers an area extending over a radius of 8.04 km. (five miles) around the tahsil office. The number of commodities regulated is 53. The market functionaries licensed at the market yard were 20 adtyas, 15 weigh men and 85 hamals in 1961. The commission, weighment and hamali are fixed by the market committee. The marketing societies and the individual farmers are financed by the co-operative bank at Georai. The market committee displays the current market rates. Of the total arrivals at the market committee valued at Rs. 29,32,911 in 1960-61 produce worth Rs. 15,259 was assembled by the co-operative sale and purchase union functioning at the Georai market.