Fair markets for farmers?
- by Aishwarya Pramod We've all heard stories about exploitative middlemen in Indian agriculture. They're charged with shortchanging farmers, and causing high food prices for end consumers. I wanted to figure out how agricultural produce makes its way to our local bazaars. Who is in charge of ensuring that the farmer gets a fair deal? The answer, at least in the 50's and the 60's, came in the form of Agriculture Produce Market Committees (APMCs). Agriculture is a state subject, and several states set up their own APMC Acts to regulate the sale of agricultural produce. At APMC market yards, licensed agents connect farmers to wholesalers and other buyers. Prices are decided based on auctions, instead of giving the middleman the ability to set the price. APMCs also mandate the use of fair weighing machines, as well as fair payment for loading/unloading labour. Today there are ~2500 principal APMC markets and ~4800 sub-market yards in the country. Vashi APMC Market However,...