• Dr.N.Rajeshkumar

The economic development of most of the developing countries begins with the re-organization of their agricultural sector. India lives in its villages and the economy of villages depends on the prosperity of agriculture. In a developing country like India, Agricultural marketing infrastructure plays an important role in fostering and sustaining the tempo of rural, and economic development. In India, agriculture is very backward on account of vagaries of monsoon, heavy pressure of population on land, smallholdings, lack of good quality seeds, fertilizers and pesticides, inadequate irrigation facilities, scarcity of tenure and research, soil erosion and traditional outlook of farmers and the like. Production and marketing of agricultural produce have been and continues to be the burning problem of farmers in Indian villages. The farmers in Tamil Nadu also found it difficult in marketing their products and they have also felt the exploitation of middlemen at the time of marketing their products. As such, they felt the need for the establishment of a system of a regulated market in Tamil Nadu. The regulated market is not only a place where certain legal conditions are enforced but it is also a center that provides a package of facilities to agricultural marketing and an economic center where adequate demand is built up for the sale of agricultural commodities which can bring a satisfactory return to the cultivator.The Regulated Market aims at improving the welfare of the farmers by reducing the number of intermediaries in the marketing of agricultural produce. The functioning of Regulated Markets has to be designed according to the expectations of the farmers. Regulated Markets provides facilities such as correct weight by using electronic weighbridges 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.

Economic - development - organization - infrastructure - agriculture - farmers - exploitation - commodities - Regulated Market - satisfactory - demand - middlemen - Production

"ROLE OF REGULATED MARKETS IN ECONOMIC GROWTH", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 2, page no.1991-2000, February-2019, Available :http://www.jetir.org/papers/JETIR1902E78.pdf

"ROLE OF REGULATED MARKETS IN ECONOMIC GROWTH", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 2, page no. pp1991-2000, February-2019, Available at : http://www.jetir.org/papers/JETIR1902E78.pdf