What does APMC mean in FARMING & AGRICULTURE
Agriculture Produce Market Committee (APMC) is a statutory market committee constituted by the State Government under Section 16/18 of the Maharashtra Agricultural Produce Marketing (Regulation) Act, 1963 or any other legislation relating to agricultural marketing in force in the state. It is responsible for regulating and collecting fees from traders, licensees and buyers on sale, purchase and storage of agricultural produce within its specified area. APMCs are located across India in various states. They act as a link between farmers and traders by providing a platform to both parties for easy trade with assurance of fair pricing.
APMC meaning in Farming & Agriculture in Miscellaneous
APMC mostly used in an acronym Farming & Agriculture in Category Miscellaneous that means Agriculture Produce Market Committee
Shorthand: APMC,
Full Form: Agriculture Produce Market Committee
For more information of "Agriculture Produce Market Committee", see the section below.
Meaning of APMC
APMC stands for Agriculture Produce Market Committee which is responsible for regulating and collecting fees from traders, licensees and buyers on sale, purchase and storage of agricultural produce within its specified area. Its primary goal is to ensure that farmers receive the best price for their produce while also providing support to traders in terms of better quality products at competitive rates. Role of APMC: The primary role of an APMC is to provide a safe and secure platform to farmers as well as buyers so that they can have access to finance options along with higher returns on their produce at competitive rates. Furthermore, it acts an intermediary which ensures that only quality goods are made available in the markets across different states. In addition to this, it also ensures that agricultural practices are strictly monitored so as to discourage any malpractices like exploitation or hoarding etc., thus ensuring remunerative prices for the farmers’ produces reaching out its mandate far beyond just collection and regulation fees.
Final Words:
In conclusion it can be stated that Agriculture Produce Market Committees play an important role in maintaining a balance between farm gate prices of various produces and retail prices offered by traders. Thus, APMCs offer a much needed platform which gives small scale farmers access to remunerative prices for their produced as well as helps them gain access to easy finance options provided by banks or other such organizations.
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