farmers empowerment and protection agreement

‘The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020’.

Benefits

The ordinance will empower farmers for engaging ..with processors, wholesalers, aggregators, exporters etc., on a level playing field without any fear of exploitation.

It will transfer the risk of market unpredictability from the farmer to the sponsor

It will enable the farmer to access modern technology and better inputs.

It will reduce cost of marketing and improve income of farmers.

This Ordinance will act as a catalyst to attract private sector investment for building supply chains for supply of Indian farm produce to global markets.

Farmers will get access to technology and advice for high value agriculture and get ready market for such produce.

Farmers will engage in direct marketing thereby eliminating intermediaries resulting in full realization of price.