The Farmers’ Produce Trade and Commerce Agri Ordinance, 2020 highlights intra-state and inter-state trade of a farmer's produce.

1. Farmer's selling to the APMC market or mandi is not mandatory.

2. Payment to farmers by people engaged in the transacting process will be done on the same day or within 3 working days under certain conditions for schedule produces.

3. Electronic trading is allowed which will be designed, regulated and monitored by the central government and violation of any norms or procedures attached to it will invite penalties in between ₹50,000 to ₹10,00,000 plus an additional fine of ₹10,000 will be imposed every day.

4. State governments cant levy any type of fee, tax or cess from farmers or traders in the electronic Trading Platform.

5. The farmers will sell them produces directly to the corporates or private players in the market with open market regulations.

6. Now, traders don't require a trade license to be a part of this system, they can integrate their business with just having a PAN Card.

7. The parties involved in a trade-related dispute may apply to the sub-divisional magistrate for relief and the magistrate will appoint a conciliation board and refer the dispute to the board. Under the new ordinance, farmers are restricted to approach the judiciary for any dispute.

credits
www.youtube.com
https://telenganatoday.com/

knowledgebooster