Page 18 - NIS English December16-31

Agriculture Empowering Farmers

NEW FARM LAWS PROVIDING BIGGER

MARKET, BETTER PRICES TO FARMERS

Empowerment of farmers has been
the priority of the Government. The
new farm laws passed by Parliament in

September 2020 show the commitment
of the Government towards doubling
income of farmers by 2022

ransforming the agriculture sector in the
country and raising farmers’ incomes has
Tbeen the priority of Prime Minister Narendra
Modi since he took over reins in New Delhi. In the
past six years, several measures have been taken
to improve condition of farmers. The Government
has the commitment of making income of farmers
double by 2022. To provide multiple marketing
channels and a legal framework for farmers to enter
into pre-arranged contracts among other things,
Parliament passed three new laws in September
-- The Farmers' Produce Trade and Commerce
(Promotion and Facilitation) Act; The Farmers
(Empowerment and Protection) Agreement of
Price Assurance and Farm Services Act; and The
Essential Commodities (Amendment) Act.

MYTHS: PROCUREMENT AT MINIMUM SUPPORT PRICE (MSP) WILL STOP

lIf farm produce is sold outside APMC mandis, these will stop functioning

lWhat will be the future of government electronic trading portal like e-NAM

FACTS: PROCUREMENT AT MINIMUM SUPPORT PRICE WILL CONTINUE,
FARMERS CAN SELL THEIR PRODUCE AT MSP RATES

l Mandis will not stop functioning, trading large retailers, exporters etc, on a level
will continue as before. Farmers will have playing field.
the option to sell their produce at other l Price assurance to farmers even before
places in addition to the mandis sowing of crops. In case of higher market
l The e-NAM trading system will continue price, farmers will be entitled to this price
l This empowers farmers for engaging with over and above the minimum price
processors, wholesalers, aggregators, l It will transfer the risk of market
16 New India Samachar