NEW FARMER BILL
WHAT IS FARMER BILL? Farm Bill 2020 or Agriculture Bill 2020 is a combination of three bills passed by Parliament recently. These bills are; Farmers Produce and Commerce (Promotion and Facilitation) Bill 2020, Farmers Agreement (Empowerment and Protection) on Price Assurance and Farm Services Bill 2020 and Essential Commodities (Amendment) Bill 2020. These bills make big structural changes in agriculture sector. These bills also encourage corporate investments in agriculture ecosystem to make agriculture more profitable for farmers. BENEFITS TO FARMER FROM FARMER BILL The Farm Bill 2020 envisages a path for farmers as an alternative platform to sell their produce in open market. Now farmers can sell their products openly to anyone and anywhere and they can get higher price. There will be no APMC market fee or cess on transactions in such trade areas. APMCs will also continue its functioning. Now APMCs have to compete with these alternate platforms an...
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