Krishi VaartaThe Economic Times
President promulgates ‘Agri Ordinances’ aimed at boosting farmers income
New Delhi: The President of India, on Friday, has promulgated the Ordinances approved by the cabinet last Wednesday. These ordinances are aimed at giving a boost to rural India for farmers engaged in agriculture and allied activities. Agriculture minister Narendra Singh Tomar has asked all chief ministers of states to implement the provisions and create an ecosystem for farm growth.He stressed the need for their continued support in the development and growth of the agriculture sector in the new reformed environment. “The two ordinances - The Farmers’ Produce Trade and Commerce (Promotion & Facilitation) Ordinance 2020 and the Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance 2020 will create an conducive ecosystem private investment in agriculture,” said a senior agriculture ministry official. It will promote efficient, transparent and barrier-free inter–State and intra-State trade and commerce of farmers’ produce outside the physical premises of markets or deemed markets notified under various State agricultural produce market legislations. Besides, the Ordinance will provide a facilitative framework for electronic trading and matters connected therewith or incidental thereto,” the official said. The second ordinance related to corporate farming - The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance 2020 - will provide for a national framework on farming agreements that protects and empowers farmers to engage with agri- business firms, processors, wholesalers, exporters or large retailers for farm services and sale of future farming produce at a mutually agreed remunerative price framework in a fair and transparent manner and for matters conne .. “Farmers can engage with large processors for minimum one crop season and maximum to five years. The provisions in the Ordinance are farmer-friendly aimed at safeguarding the interest of the farmers,” the official said. The President also promulgated an Ordinance to amend Essential Commodities Act. Through this Ordinance, the government has taken out agricultural commodities like cereals, pulses, oilseeds, oils, onions and potatoes out of the essential commodities list. Source – The Economic Times 7 june 2020, If you find this information useful, like it and share it with other farmer friends.
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