Section 5M. Obligation of licensee under section 5G for E-trading platform.

Every licensee under section 5G while carrying out E-trading on E-trading platform shall be under obligation to- (a) carry out quality assaying of agriculture produce before its transaction takes place, (b) carry out auction or any other mode of price discovery for the produce in a fair and transparent manner without interference from traders or commission agents, (c) maintain recording of all transactions on real time basis displaying market information on electronic portal of the Maharashtra State Agriculture Marketing Board, Agrimark Net or equivalent on real-time basis in the format prescribed by the Director, (d) issue trading licenses to all the eligible traders for E-trading without discrimination or favour, within the time limit prescribed by rules framed by the State Government in this regard which shall be countable from the date of making applications, (e) provide facility for cleaning and grading and warehouses (dry and cold storages) to meet requirement of agriculturists, (f) not to allow over-trading.]