Economic Survey emphasises on building national-level APMC

One of the most striking problems is how unitegrated and distortions-ridden are our agricultural markets, the Survey stated

BS Reporter Mumbai
Last Updated : Feb 27 2015 | 2:43 PM IST
The Economic Survey 2014-15 emphasised on the need to set up a national-level common Agricultural Produce Market Committees (APMCs) for both buying and selling of agri-commodities across the country.

“One of the most striking problems is how unitegrated and distortions-ridden are our agricultural markets. India Needs a national common market for agricultural commodities by making the APMCs just one among many options available for the farmers to sell their produce," the Survey stated.

Barring Bihar and Kerala, all states have their own APMCs that are governed by the respective state governments. The state governments have scrapped APMCs and therefore, agricultural outputs are sold freely in these states.

“The government aims to bring entire commodities across the commodity under one roof without any restriction of state boundaries. The proposal is important, but implementation will be crucial,” said an analyst.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 27 2015 | 2:32 PM IST

Next Story