When one of the three farm laws i.e., The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 was enacted last year, it was argued by its proponents that the legislation would allow the farmers to sell their produce (and the traders to purchase that produce) outside the Agricultural Produce Market Committee-APMC mandis after crop harvesting. In a way, that particular piece of legislation was enacted to end the...

-Economic and Political Weekly The union Ministry of Agriculture and Farmers’ Welfare had prescribed a model Agricultural Produce Marketing Committee Act in 2003. The state-level adoption of the act has been tardy and varied in terms of both the magnitude and content of agricultural market reforms. Yet, the ministry under the current central government has come up with another model act, the Agricultural Produce and Livestock Marketing (Promotion and Facilitation) Act,...

-The Hindu Business Line New Delhi: The Agriculture Ministry has broadened the scope of the proposed Contract Farming Bill by bringing marketing and services into its ambit and cutting back on States’ role in regulating the sector, paying heed to a multitude of responses that the planned piece of legislation elicited. “On the basis of the great response it received from stakeholders, we have made many changes to the Bill. There is...

-Livemint.com Farmers need structural reforms, crop diversification and greater public investment rather than subsidies and price support Indian agriculture has been relatively untouched by the structural reforms that lifted incomes in other parts of the economy. Low farm productivity meant that governments tried to improve the lot of farmers through price policy. The problem is that engineering a shift in the terms of trade through higher support prices usually leads to generalized...

-The Economic Times New Delhi: The government has come out with a draft model contract farming act, which industry insiders said will protect farmers from price risks and encourage food processing companies to invest more in infrastructure and farming technology once states adopt it. The agriculture ministry has put up the model act on its website for various stakeholders, including contract farming and value chain promoting companies, producers' organisations and farmers, to...