Farm Bills 2020

#1st Bill

@ Farmer's Produce Trade and Commerce (Promotion and

Facilitation)Act, 2020

* Key Points *

- Freedom to Sale and Purchase of Agri-Produce.

[Before it was compulsory to sell agri-produce in APMCs only].

- Inter-state and Intra-state Trade.

- No Cess or Levy will be Charged and the seller also wont have to bear
transportation cost.

- Electronic trading for seamless trading (E-nam [National Agriculture

Market] [APMCs are connected] [Prices are Displayed]) .

- Freedom to do trade via coldstorage, warehouse etc...

- Eliminating Intermediaries.

*Clarificatoin*

- MSP will continue.

- Mandis will not stop functioning.

- E-nam will continue.

 Benefits of this Act :-
 B2B Possibilities (Business to Business).
 Inter State.
 Better Competition.
 Innovations.
 Why not Agriculture Only.

 Demerits of this Act :-

 APMC. (Solution :- Level Playing Field )
 Judicial Support. (Solution :- Courts)
 No Regulations. (Solution :- Regulations,Registration)
 New Oligopoly.