GRSV Blog No. 7,
Released on 16/11/2020,
Agriculture Market Reforms in India have been under consideration for a long time, with a view to make the agriculture marketing system more competitive. As early as 2003, a model marketing act was enacted, which was further amended in 2017. The model act provided for markets to be set up by private sector players, besides the existing Agricultural Produce Market Committee (APMC). In addition, farmers were free to sell produce by their choice, strengthening their bargaining power through the formation of Farmer Associations and Farmer-Producer Organisations (FPOs), bulk marketing, contract farming, pledge financing, and by instituting a system of negotiable warehouse receipts, etc. In 2016, another landmark was achieved when the electronic national agriculture market (e-NAM) was launched.
The GRSV website collates and publishes a monthly newsletter, GRSV AgriTech News, which highlights issues of current importance in agriculture and allied sciences, with a potential for long-term impact.