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APMC Final

APMC Final



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Published by sweetesha
the mumbai's largest wholesale market. a detailed study on it
the mumbai's largest wholesale market. a detailed study on it

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Published by: sweetesha on Dec 13, 2008
Copyright:Attribution Non-commercial


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The regulated markets are established as per the provisions of the `Marketing of Agricultural Produce Acts’ of the State Government. The Commodities, with which themarket will deal, are also declared.Regulated markets aim at the development of marketing structure to ensure remunerative prices to the producers and to narrow down the price spread between the producer and theconsumer. It also aims at reducing the non-functional margins of the commission agents.
Basic objectives of Regulated Market
To ensure reasonable gain to the farmers by creating environment in markets for fair play of supply and demand forces,
To regulate market practices and attain transparency in transactions
Aimed at providing proper method of sale, correct weighing, prompt payment andvarious marketing related services
Democratic set up to control and manage marketsFor controlling the activities of the marketing, there is a `Market Committtee’. TheCommittee consists of representatives of the farmers, commission agents and theGovernment nominees.
Functions of Market Committee
The complete management of the market rests with the `Market Committee’.
The Committee issues licences to the Commission Agents, weigh men, and other functionaries.
The rate of Commission to be charged is fixed by the Committee.
Weighment is done properly by the weigh men appointed by the Committee.1
There is
an arbitration Sub-Committee
to look into the grievances of the farmers.Advent of regulated markets has helped in mitigating the market handicaps of producers/sellers at the wholesale assembling level. With the establishment of regulated markets,many fraudulent practices of the brokers are observed in the unregulated markets areovercome and the farmers get reasonable price for their produce. Not only this, amenitieslike rest house, place for parking of vehicles, cold-storages, etc. are also created in themarket yards for the benefit of the farmers. In this respect, Government Policy is to haverapid expansion of the regulated markets in the country.
Agri-Markets in India as on 31.03.2007Types of MarketsNo. of Markets
Wholesale Markets in India (majority are regulated markets)6261Rural Primary Markets (about 15% are regulated markets)20870
Principal Regulated Markets2459Regulated Market Sub-yards5006
Total7465(Only 286 regulated markets in 1950)
Regulated markets have achieved only limited success and Rural Periodic Markets ingeneral, and the tribal markets in particular, remained out of its developmental ambit.2
Agriculture produce means all produce (whether processed or not) of agriculture,horticulture, animal husbandry, pisciculture and forests.The APMCs were established by the State Govt. for regulating the marketing of differentkinds of agriculture and pisciculture produce for the same market area or any part thereof.The Maharashtra Agricultural Produce Marketing (Regulation) Act was passed in the year 1963, with a view to regulate the marketing of agricultural and pisciculture produces inmarket areas. After giving due consideration to various committees’ recommendationsand study groups, some important changes have been made in this Act in the year 1987and thereafter.
1.MAPMC is in the business of facilitating the trade of Agricultural commodities inthe geographical region of Mumbai2.MAPMC aspires to become the most preferred trading partner of sellers and buyers of agri-commodities all over India3.MAPMC promises to provide the most advanced and world-class infrastructure toall its functionaries4.MAPMC wishes to be a fair employer, investing in the continuous upgradationand development of knowledge and skills of its human resources5.MAPMC is aware of its important role in the society and therefore will alwaysconduct itself with a measure of responsibility towards social causes and withsignificant accountability towards environmental preservation6.As one of the foremost agri-trade organizations in India, MAPMC is fullycognizant of maintaining and enhancing the image of India and will always prioritize national interests in its every decision3

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