Union cabinet approves amendment in Essential Commodities Act: Landmarks decisions for the welfare of farmers.

[caption id="" align="alignnone" width="768"] Prakash javdekar (file photo)[/caption]

The Union Cabinet on Wednesday approved amendments to the Essential Commodities Act, eliminating APMC (Agriculture Produce Marketing committee) restrictions for farmers to exclude agricultural commodities like cereals, pulses, oilseeds, onions and potatoes.

The government also declared promulgating an ordinance to allow farmers to engage with processorrs,aggregators, large retailers and exporters.

While addressing the media, Union Minister Prakash Javedkar said, "Farmers have been freed from the constraints of the APMC. Farmers can now export or import these commodities as they wish. These are our farmer's demamds pending for nearly 50 years now.".

In addition, Union Agriculture minister, Narendra Singh Tomar underlined that the cabinet had approved The Farming Produce Trade and Commerce ( Promotion and Facilitation) Ordinance 2020 in order to ensure barrier free trade of agricultural produce.

He further stated, " This will go long way in helping India's farmers while also transforming the agricultural sector. The proposed amendment to the Essential Commodities Act will allay feara if private investors of excessive regulatory interference."

The act was formed in (1955) at a time when there was shortafe of agricultural prouduction in the country. Labelling it as a landmark move , Mr. Javedkar said a law to put restrictions on farmer was not required now.

In the amendment, the goverment stated that anyone with a PAN card can now buy agricultural produce and they will come up with a model agreement for contract farming in which minimum price would be given to farmers.

Prime Minister led-Union cabinet approved decisions to help poor Indian farmers as the ordinance aims to double the farmers income by 2022. The goverment is also looking for possibilities to help the farm sector take benefit from one country market, while also allowing farm produce to be sold across markets in India.

"Freedom to farmers will change their lives forever" said Narendra Tomar. The Modi government has also accepted the Swaminathan report allowing 50% higher MSP (Minimum Support Price) than input costs for farmers and also added that they will now not be taxed for any sale outside the APMC markets.