June 3, 2020 7:28 PM

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Cabinet approves 'The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020'

The Union Cabinet also approved The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020.<br />'' <br />'' The ordinance will empower farmers for engaging with processors, aggregators, wholesalers, large retailers and  exporters on a level playing field without any fear of exploitation.<br />'' <br />'' It will transfer the risk of market unpredictability from the farmer to the sponsor and also enable the farmer to access modern technology and better inputs.<br />'' <br />'' It will reduce cost of marketing and improve income of farmers.  <br />'' <br />'' Briefing media in New Delhi, Agriculture Minister Narendra Singh Tomar said, farmers have been provided adequate protection.<br />'' <br />'' Sale, lease or mortgage of farmers' land is totally prohibited and farmers' land is also protected against any recovery.<br />'' <br />'' Effective dispute resolution mechanism has been provided for with clear time lines for redressal.<br />''        <br />'' 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.<br />''  

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