Model Agricultural Produce and Livestock Contract Farming and Services (Promotion and Facilitation) Act, 2017

The model Agriculture Produce and Livestock Marketing (Promotion and Facilitation) Act, 2017 was presented in April 2017 and seeks to replace APMC Act, 2003. It is seen as a major agriculture marketing reform to help farmers directly connect with the different buyers and enable them to discover optimum price for their commodities. It is a promotional and facilitative Act and not regulatory in its structure.

Features

• The Act lays special emphasis on protecting the interests of the farmers, considering them as weaker of the two parties entering into a contract.
• In addition to contract farming, services contracts all along ....