AreaIndia

Commodity GroupRice

CommodityAll

Date05/06/2020

Policy CategoryProduction

Policy InstrumentProduction and marketing

DescriptionApproved the Farmers' Produce Trade and Commerce (Promotion and Facilitation) Ordinance, 2020, with a view to providing farmers and traders with freedom of choice in the sale/purchase of produce outside the premises of markets notified under state agricultural produce market legislation (i.e. Agricultural Produce Market Committees - APCM - market yards), facilitating inter- and intra-state trade and a framework for electronic trading. Produce covered under the ordinance included foodstuffs (such as rice), cattle fodder, raw cotton, cottonseed and raw jute, for which the charge of any market fee, cess or levy would remain prohibited when traded outside APMC yards. The ordinance was replaced by the Farmers' Produce Trade and Commerce (Promotion and Facilitation) Act, 2020, promulgated on 27 September 2020, with similar stipulations and with effect from 5 June 2020.