National News

Cabinet approves ordinance for ‘One India, One Agriculture Market’

New Delhi: The Union Cupboard on Wednesday authorized the Farming Produce Commerce and Commerce (Promotion and Facilitation) Ordinance, 2020, which can pave the way in which for creating ‘One India, One Agriculture Market’.

Briefing the selections taken within the Cupboard assembly headed by Prime Minister Narendra Modi, Union Minister of Agriculture and Farmers Welfare, Narendra Singh Tomar, mentioned the ordinance will create an ecosystem the place farmers and merchants will benefit from the freedom of selection of sale and buy of agri-produce.

He mentioned it can additionally promote barrier-free inter-state and intra-state commerce and commerce exterior the bodily premises of markets notified beneath the state Agricultural Produce Advertising Committee, and this can be a historic step in unlocking the vastly regulated agriculture markets within the nation.

There are restrictions for farmers in promoting agri-produce exterior the notified APMC market yards. The farmers are additionally restricted to promote the product solely to the registered licensees of the state governments.

Additional, boundaries exist in free-flow of agricultural produce between varied states owing to the prevalence of assorted APMC laws enacted by the state governments.

The ordinance mainly goals at creating extra buying and selling alternatives exterior the APMC market yards to assist farmers get remunerative costs as a result of extra competitors.

The ordinance will definitely pave the way in which for creating ‘One India, One Agriculture Market’, in response to the Agriculture Ministry.

(IANS)

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