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FARMERS BILL 2020
PRESENTED BY
ANJOO BOORA
ASSISTANT PROFESSOR OF
ECONOMICS
GOVT COLLEGE RAIPUR RANI
PANCHKULA
FARMER BILLS 2020
• The farmer’s produce Trade and and
commerce(promotion and facilitation)Act 2020
Main provisions-
• Trade area outside(APMC)
• Inter state and intra state
• Online trading
• Dispute settlement mechanism
• No state tax
Merits of Act
• B2B
• Better competition
• Inter state
• Demerits of Act
• APMC
• Judicial support
• No regulation
• New oligopoly
• Why-to protect farmer from intermediaries
• Benefit-auction hall, shops ,soil testing
• Problems-cartels ,politics
• Reforms-APMC ACT 2003
THE FARMER (EMPOWERMENT AND
PROTECTION)AGREEMENT ON PRICE ASSURANCE
AND FARM SERVICES ACT,2020
Main provision
Contract farming-
• Agreement- Between farmer and sponsor for price assurance and
farm services
• Period- one crop season to 5 year
• Model contracts
• Price fixing mechanism
• Delivery and payment mechanism
• Registration
• Force majeure
• Dispute settlement-conciliation Board, SDM, Collector
• Penalties
• Farm service providers
• Aggregators
• MERITS
• Good Competition, Innovation, Organic farming
• changed Crop pattern
• DEMERITS
• COURTS
• Market rate benefits
• Legal teams of corporates
• Regulation
THE ESSENTIAL
COMMODITIES(AMENDMENT)A
CT2020
• MEANING,OBJECTIVE&PROVISION
• Supply of Foodstuff
• Regulations in case of extra ordinary circumstances (war famine,
natural calamity)
• Price rise -100% In case vegetables
50% in case cereals
EXCEPTION
Food processing industries
Export demand
• Merits
• Competition
• Stabilization
• Concerns
• Artificial demand
• Manipulation of rates
MSP-MEANING AND
BACKGROUND
• WHAT- minimum support price example- wheat -1975
• Who – decides CACP
Operates-APMC,FCI
Which crop-23(Cereals, Pulses Oilseeds ,Commercial Crops)
HOW-APMC
MSP
Why started ?
• 1964-65(War ,Draught)
• PL-480
BENEFIT
Food security
Green revolution
Why now
• NFSA (MID DAY MEAL,IRDP)
DEBATED ASSOCIATED WITH
MSP
• Price fixing method( sawaminathan commission 2004)
• A2
• A2+FL
• C2- OPPORTUNITY COST(LAND ,CAPITAL)
• PRICE =C2(1.5)
• WHY ONLY 2+21
• Wastage
• Inflation
• Water ,Crop pattern
CONCLUSION
• GOVT SHOULD SHOULD NOT
STEP BACK
• MSP
• APMC
• REGULATION
• COURT
THANK YOU

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Ppt

  • 1. FARMERS BILL 2020 PRESENTED BY ANJOO BOORA ASSISTANT PROFESSOR OF ECONOMICS GOVT COLLEGE RAIPUR RANI PANCHKULA
  • 2. FARMER BILLS 2020 • The farmer’s produce Trade and and commerce(promotion and facilitation)Act 2020 Main provisions- • Trade area outside(APMC) • Inter state and intra state • Online trading • Dispute settlement mechanism • No state tax
  • 3. Merits of Act • B2B • Better competition • Inter state • Demerits of Act • APMC • Judicial support • No regulation • New oligopoly
  • 4. • Why-to protect farmer from intermediaries • Benefit-auction hall, shops ,soil testing • Problems-cartels ,politics • Reforms-APMC ACT 2003
  • 5. THE FARMER (EMPOWERMENT AND PROTECTION)AGREEMENT ON PRICE ASSURANCE AND FARM SERVICES ACT,2020 Main provision Contract farming- • Agreement- Between farmer and sponsor for price assurance and farm services • Period- one crop season to 5 year • Model contracts • Price fixing mechanism • Delivery and payment mechanism • Registration • Force majeure
  • 6. • Dispute settlement-conciliation Board, SDM, Collector • Penalties • Farm service providers • Aggregators • MERITS • Good Competition, Innovation, Organic farming • changed Crop pattern
  • 7. • DEMERITS • COURTS • Market rate benefits • Legal teams of corporates • Regulation
  • 8. THE ESSENTIAL COMMODITIES(AMENDMENT)A CT2020 • MEANING,OBJECTIVE&PROVISION • Supply of Foodstuff • Regulations in case of extra ordinary circumstances (war famine, natural calamity) • Price rise -100% In case vegetables 50% in case cereals EXCEPTION Food processing industries Export demand
  • 9. • Merits • Competition • Stabilization • Concerns • Artificial demand • Manipulation of rates
  • 10. MSP-MEANING AND BACKGROUND • WHAT- minimum support price example- wheat -1975 • Who – decides CACP Operates-APMC,FCI Which crop-23(Cereals, Pulses Oilseeds ,Commercial Crops) HOW-APMC
  • 11. MSP Why started ? • 1964-65(War ,Draught) • PL-480 BENEFIT Food security Green revolution Why now • NFSA (MID DAY MEAL,IRDP)
  • 12. DEBATED ASSOCIATED WITH MSP • Price fixing method( sawaminathan commission 2004) • A2 • A2+FL • C2- OPPORTUNITY COST(LAND ,CAPITAL) • PRICE =C2(1.5) • WHY ONLY 2+21 • Wastage • Inflation • Water ,Crop pattern
  • 13. CONCLUSION • GOVT SHOULD SHOULD NOT STEP BACK • MSP • APMC • REGULATION • COURT