Q) The Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 and The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020 will ensure better price realization for farmers. Comment. (250 words)
Why this question?
- The Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 and The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020 were passed by the Lok Sabha.
Introduction: Provide a brief info about the mentioned Bills.
Body: Discuss following aspects
- Background of the Bills: Issues with APMCs like monopoly, marketing fee, multiple APMC legislations
- Benefits of the Bills:
- It will transfer the risk of market unpredictability from the farmer to the sponsor and also enable the farmer to access modern technology and better inputs.
- It will reduce the cost of marketing and improve income of farmers.
- It will open more choices for the farmer, reduce marketing costs for the farmers and help them in getting better prices.
- This will supplement the existing MSP procurement system which is providing stable income to farmers.
Conclusion: Summarize the above points and suggest a way forward about what more needs to be done for better price realization for farmers.
