Agreement on Price Assurance and Farm Services Act 2020

The Agreement on Price Assurance and Farm Services Act 2020 aims to empower farmers and ensure they receive fair prices for their products. This act is a crucial step towards creating a sustainable agriculture system in India.

One of the key features of this act is the creation of a legal framework for contract farming. This will allow farmers to enter into contracts with buyers, guaranteeing a certain price for their produce. This will create a sense of stability for farmers, as they will no longer be at the mercy of fluctuating market prices.

Another important aspect of the act is the creation of a dispute resolution mechanism. This will ensure that disputes between farmers and buyers are resolved quickly and fairly. The act also creates provisions for farmers to seek legal assistance if they feel their rights have been violated.

In addition to these provisions, the act also includes measures to increase the quality of farm input services. This will include the creation of a database of agri-input suppliers, as well as measures to ensure the quality of these services.

The Agreement on Price Assurance and Farm Services Act 2020 is a crucial step towards creating a sustainable agriculture system in India. By empowering farmers and improving the quality of farm input services, the act will help to ensure the long-term prosperity of India`s agricultural sector.