(1) The Executive Committee for MNI shall consist of
(i) Chairman of MNI1
(ii) Trader holding the single unified licence of MNI1
(iii)Director in charge of Agricultural Marketing or his nominee (exofficio) not below the rank of Under Secretary to Government of India1
(iv) M.D., SAMB (exofficio) or his nominee not below the rank of Under Secretary to Government of India1
(v) Executive Member of the Market Committee of MNI who shall be as the member Secretary of the ExecutiveCommittee1
(2) In case of emergency, the executive committee may decide issues requiring approval of the Market Committee. However, such decisions shall be approved by the Market Committee within forty five days from the date such decisions are taken. Failure in doing so or in event of disapproval of such decisions by the market committee, such decision shall stand null and void, so however, that any such disapproval shall be without prejudice to the validity of anything previously done under that decision:
Provided that if the Market Committee makes any modifications in such decision, the decision shall have effect only in such modified from the date of such modification.
(3) The Executive Committee shall meet as often as necessary but at least once in a calendar month.
(i) Chairman of MNI1
(ii) Trader holding the single unified licence of MNI1
(iii)Director in charge of Agricultural Marketing or his nominee (exofficio) not below the rank of Under Secretary to Government of India1
(iv) M.D., SAMB (exofficio) or his nominee not below the rank of Under Secretary to Government of India1
(v) Executive Member of the Market Committee of MNI who shall be as the member Secretary of the ExecutiveCommittee1
(2) In case of emergency, the executive committee may decide issues requiring approval of the Market Committee. However, such decisions shall be approved by the Market Committee within forty five days from the date such decisions are taken. Failure in doing so or in event of disapproval of such decisions by the market committee, such decision shall stand null and void, so however, that any such disapproval shall be without prejudice to the validity of anything previously done under that decision:
Provided that if the Market Committee makes any modifications in such decision, the decision shall have effect only in such modified from the date of such modification.
(3) The Executive Committee shall meet as often as necessary but at least once in a calendar month.
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More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Notification of intention of regulating marketing of specified agricultural produce and livestock.Section 4 · Declaration of whole State as one unified market area.Section 5 · Notification of delineated market area.Section 6 · Alteration or Amalgamation of delineated market area and of items of agricultural produce and livestock.Section 7 · Principal market yard, sub‐market yard, market sub‐yard, private market yard, private market sub‐ yard, farmer‐consumer market yard, private farmer‐consumer market and electronic trading platform.Section 8 · Establishment and notification of “Special Commodity Market Yard”.India Code, Government of India. Text fetched 14 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.