Home Current Affairs 3 Bills Introduced in Lok Sabha regarding agriculture and farmer’s Income

3 Bills Introduced in Lok Sabha regarding agriculture and farmer’s Income

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3 Bills passed related to labor law in Parliament
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Three bills introduced in Lok Sabha are:-

  1. The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020
  2. The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020
  3. The Essential Commodities (Amendment) Bill, 2020

Union Minister of Agriculture & Farmers’ Welfare, Rural Development & Panchayati Raj, Shri Narendra Singh Tomar introduced The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 and The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020, while Minister of State for Consumer Affairs, Food & Public Distribution, Shri Raosaheb Patil Danve introduced The Essential Commodities (Amendment) Bill, 2020 in the Lok Sabha.

The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020:- seeks to provide for the creation of an ecosystem where the farmers and traders enjoy the freedom of choice relating to the sale and purchase of farmers’ produce which facilitates remunerative prices through competitive alternative trading channels to promote efficient, transparent and barrier-free inter-State and intra-State trade and commerce of farmers’ produce outside physical premises of markets or deemed markets notified under various State agricultural produce market legislations; to provide a facilitative framework for electronic trading and for matters connected therewith or incidental thereto.

The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020:- seeks to 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 connected therewith or incidental thereto.

The Essential Commodities (Amendment) Bill, 2020:- seeks to remove commodities like cereals, pulses, oilseeds, edible oils, onion, and potatoes from the list of essential commodities. This will remove fears of private investors of excessive regulatory interference in their business operations. The freedom to produce, hold, move, distribute, and supply will lead to harnessing of economies of scale and attract private sector/foreign direct investment into the agriculture sector.

 

Inputs from PIB

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