To avoid agricultural commodity crisis there is a need to mobilise political will and build the necessary institutions to implement key decisions effectively. Explain (200 Words)
Refer - Business Line
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IAS Parliament 3 years
KEY POINTS
· Despite the right intentions, the information asymmetry between the government and other stakeholders marred the implementation of three laws.
· The agri-sector is in dire need of reforms, and without opening up the agricultural markets and freeing up the productive capacity of farmers, it would be difficult to bring them out of an unending downward spiral.
· In Bihar’s case, the changes in the APMC system didn’t improve the farm growth and instead resulted in greater price volatility, ultimately hurting farm growth.
· The cost of production is increasing because of rising input costs while the return from farming is on the decline as pricing and procurement situations are unfavourable.
· Also, the contract farming law was largely for crops not amenable to trading in regular APMC Mandis and prohibited any sponsor firm from acquiring the land of farmers — whether through purchase, lease, or mortgage.
· The apparent shortcoming in FAPAFS Act seems to arise from the provisions regarding the dispute resolution mechanism for farmers.
· The Act envisaged a conciliation board appointed by the sub-divisional magistrate for settling the disputes arising out of a transaction between the farmer and a trader.
· Agriculture was the only sector to clock positive growth of 3.4 per cent during the first quarter of 2020–21 and shielded the GDP from further decline.
Harshitha G 3 years
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IAS Parliament 3 years
Try to add points on reforms and policy implementation to be made in building necessary institutions relating to Agricultural production and supply chain .
Chintan Patel 3 years
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IAS Parliament 3 years
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