SRINAGAR, AUGUST 27: The Administrative Council (AC) which met here today under the chairmanship of Lieutenant Governor, Manoj Sinha, accorded sanction to the submission of draft J&K Agricultural Produce and Livestock Marketing (Promotion and facilitation) Bill, 2020 to the Ministry of Home Affairs, Government of India for its promulgation.
The passage of Bill will pave way for deeper integration of electronic markets network throughout the country through e-NAM (National Agriculture Market). Consequently, it will prevent leakages at intermediary level by eliminating brokers and distributors, thus enabling farmers to directly sell their produce in open market.
For managing the assets and regulating activities of various fruit Mandis in J&K, the proposed Bill provides for establishment of Agriculture Produce Marketing Committees (APMCs). It further includes several provisions for welfare of farmers ranging from contract farming, direct marketing, special commodity market, setting up of markets in private and co-operative sector, to e-trading, single point of levy of market fee, single registration of market functionaries, unified single trading license and alike.