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Big win for Devendra Fadnavis, deregulating agricultural markets move pays off as Rs 4,200 Cr. revenue registered in 2 years
May 12, 2017
- The Maharashtra government’s move to relax norms and deregulate agriculture markets seems to have paid off.
- In the last couple of years, private markets in the state have earned around Rs. 4,200 crore in terms of revenue while direct marketing licenses earned some Rs. 4,800 crore worth revenue in the same period.
- Until now in the traditional system, farmers sold produce to Agriculture Produce Market Committees (APMCs,) whereas the government’s move to deregulate markets was meant to boost direct retail sales of fruits and vegetables to ensure stronger farm-to-fork linkages and in the process ensure better prices for producers and lower rates for consumers as well.
