The major policy reforms were undertaken in relation to economic and social schemes that are being implemented during different periods to perceive the reforms in regulated markets in Karnataka. Documentation of these schemes needs to be assessed whether it has kept pace with the developments in production system and progress of regulated markets. The study was conducted for performance of regulated markets in Karnataka for a period of 1990-91 to 2004-05. The results found that progress of the schemes was not impressive as opined by beneficiaries such as farmers, traders and small market functionaries are unaware of implementation procedures and benefits of pledge loan scheme, revolving fund scheme and Raitha Sanjeevini scheme. Particularly pledge loan scheme in the state as a whole indicated that the amount lent to the beneficiaries as a percentage of total turnovers of the regulated markets in Karnataka was negligible throughout the study period and from commencement of scheme it operates only 132 markets of the state. Hence, efforts should be made to popularize the pledge loan scheme and allocate more and more funds under this scheme. Therefore the awareness programme should be conducted for educating the policy changes. The growth of raitha sanjeevini scheme was positive with a 26.12 per cent. Performance of hamals housing scheme showed an increasing trend with growth rate of 1.1 per cent annually.