Setting Up Of Private Markets: ‘More Freedom’ For Farmers?
Setting up of private markets will allow growers more marketing freedom. Growers can go either to the APMC market or to the private market. It will advance the idea of ‘one-nation, one-agri-market’. At the same time, giving a legal framework to contract farming is intended to ensure groups of growers and entrepreneurs come together in a contractual relationship which will provide a ready market for growers for their produce, and ready access to raw material for the entrepreneurs (sponsors). As produce price will be decided in advance, growers will face no risk of market volatility.
It also allows farmers to sell their produce outside of the established traditional agricultural produce market (mandi) system by facilitating the setting up of private markets. This measure enhances farmers’ choice of markets, allows them…
