APMC Full Form – What Is APMC, Definition, Meaning, Uses

APMC Full Form Friends, in this article, we’ll look at the full form of the APMC. The APMC Model Act, of 2003 established a marketing board for state governments in India. The APMC’s principal goal is to safeguard farmers from exploitation by major retail sellers while also ensuring that the farm-to-retail pricing spread is not exorbitant. The primary function of APMC is to ensure market transactions.

Ensure that the pricing method is completely transparent. Ensure that farmers are paid on the same day for agricultural products they sell. In APMC, the government ensures that farmers’ crops are not sold below MSP through several legislation. The crops are auctioned at APMC, and the price can be any amount higher than the Minimum Support Price (MSP).

APMC Full Form 

APMC’s full form is Agricultural Produce Market Committee. The Agricultural Produce Market Committee, or APMC, was established by state governments to prevent farmers from being exploited by middlemen in the state’s trading marketplaces.

APMC: Agricultural Produce Market Committee

APMC Full Form 
APMC Full Form

Farmers send their food products to these trade mandis for auction, with auction bidders placing their bids over the original price set by the state government’s Agricultural Produce Market Committee. This provides price support for the farmer’s food product.

Mandi, or marketplace, is set up in various locations around the states. The state is divided geographically by these marketplaces. Traders are also awarded licenses to purchase food goods within a market. Farmers are not allowed to sell their produce directly to mall owners, wholesalers, or retail dealers.

APMC’s disadvantages

  • As we previously stated, the APMC Act was not amended as part of the modernization process, and as a result, several flaws began to emerge. Let us know what the significant flaws were.
  • Farmers are required to pay a levy or cess determined by the state governments under the APMC Act.
  • The Arhtiyas purchase the goods that are sold at the market. Many times, the Arhtiyas fix the price of the crops by mixing among themselves, leaving the farmers with little choice but to sell their harvests because there was a risk of the crops decaying, forcing the farmers to sell their crops at throwaway prices. I had no choice but to sell.
  • The mandis brokers became wealthy without doing any effort, while the farmer who toiled in his field all day was forced to sell his crops at poor rates. Farmers did not receive a fair price for their produce, and consumers did not gain as a result of this.

When did the APMC Act 2020 become law?

The APMC Act 2020 was introduced in Parliament on June 5, 2020, to coincide with the start of the Monsoon Session, and the other two laws were passed on September 22, 2020, along with the APMC Act. He received the President’s assent on September 27, 2020.

What does the APMC Act 2020 entail?

Three agricultural rules were enacted by the central government some time ago, and farmers all around the country began to protest. People were curious as to what was in the currently in effect APMC Act that had sparked the farmers’ agitation. Please inform us of the following points concerning the present APMC Act:-

Farmers are no longer required to sell their harvests just in APMC man but can sell them anywhere in the country under the new APMC Act.

Any dealer can now purchase their products directly from the farmers. Previously, intermediaries would buy crops from farmers and sell them to them in collusion with traders. With the passage of the new law, however, this situation is set to come to an end.

Previously, artists (middlemen) had to obtain a license to purchase crops from farmers. However, under the new rule, any trader or the private corporation will be able to purchase products directly from farmers without the need for a license.

APMC 2020 has the following features

  • Farmers will be free to sell their crops to any new trader under the APMC Act, whether or not the trader has a license.
  • This will increase the number of purchasers, allowing farmers to earn a better price for their produce due to healthy competition.
  • With the passage of the APMC Act, the role of artists (middlemen) would be fully eliminated.
  • The APMC Act stipulates that if a farmer receives a lesser price for his crops in his state, he may sell his crops in any other state.
  • Farmers, on the other hand, are strongly opposed to the bill. He claims that APMC was dissolved in Bihar many years ago. Farmers in Bihar, on the other hand, are in the same situation as farmers in other states.

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