In news

Government had promulgated several ordinance for farms law

The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Ordinance, 2020

The ordinance basically aims at creating additional trading opportunities outside the APMC market yards to help farmers get remunerative prices due to additional competition.

• This will supplement the existing MSP procurement system which is providing stable income to farmers.
• It will certainly pave the way for creating One India, One Agriculture Market and will lay the foundation for ensuring golden harvests for our hard working farmers.

The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020

• To form a national framework for farming agreements to protect farmers in dealing with buyers, companies, retailers, wholesalers etc; To build a mutually remunerative price framework

The Essential Commodities (Amendment) Ordinance, 2020” on 5th June, 2020 by following  the due procedure

• It allows intra-state and inter-state trade of farmers’ produce beyond the physical premises of APMC markets.  State governments are prohibited from levying any market fee, cess or levy outside APMC areas. 

Source: PIB