ARTICLE · 25 NOVEMBER 2020

APMC Bypass Ordinance: Ease Of Farmers' Business?

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Ordinance was dated June 5, 2020, which is replaced by this Bill. Not today, not 20.09.2020.

IndiaLitigation, Mediation & Arbitration

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THE FARMERS' PRODUCE TRADE AND COMMERCE (PROMOTION AND FACILITATION) BILL, 2020

FREEDOM OF CHOICE

Of party: Buy from and sell to anyone

Of pricing: Based on market competition instead of just minimum support price

Of channel: E-trading available

Of network: Both inter-state and intra-state

FAIR TRADING

Time bound payments

Ease of payments and transparency of pricing facilitated by government systems

Guidelines for trading, payments, logistics, inter-operability

Restrictions on market fee/cess/levy by APMC Acts

Registration and document requirments for traders

STRINGENCY

Fines: Rs 25,000 to Rs 5 lakh + Rs 5000/day

Rs 50,000 - Rs 10 lakh + Rs 10,000/day

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APMC Bypass Ordinance: Ease Of Farmers' Business?

THE FARMERS' PRODUCE TRADE AND COMMERCE (PROMOTION AND FACILITATION) BILL, 2020

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