National Agriculture Market (NAM)

Q.  Which of the following reforms are necessary in State APMC Act for integration with NAM?

1) Cancellation of all kinds of fees and levies
2) Single license throughout state
3) Provision for electronic auction
- Published on 14 Apr 16

a. 2, 3
b. 1, 3
c. 1, 2
d. All of the above

ANSWER: 2, 3
 
  • Government of India approved the National Agriculture Market (NAM) Scheme on 1st July 2015 with the objective to usher much needed agri-marketing reforms in order that farmers produce may fetch the best prices.
  • Since agri-market reforms are integral to NAM, reforms of State APMC Act in terms of

    (a) a single license for trading to be valid across the State,
    (b) Single point levy of market fee and
    (c) Provision for electronic auction as a mode for price discovery, have been made a pre-condition for integration with NAM.

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