The entire State has been brought under the ambit of
regulation. 146 APMCs have been established.
Elections to the said APMCs are held regularly and
thereby provided for democratic functioning of the APMCs.
The State of
Rs.900 crores have been spent
for development of market yards till date. A reasonable and good
infrastructure has been developed in the State. To make use of the
information technology for the benefit of stake-holders, KRISHI MARATA VAHINI
web-site has been launched during 2001.
The prices prevailing in the day and the arrivals of the commodities
to the market yards will be reported by all the APMCs
online to the web-site. The web-site
has been formulated which is user friendly.
To reap the benefits of liberalization, action has been taken to sanction licenses for electronic trading by establishing Spot Exchanges. The premier institutions like NCDEX and Spot Exchange India Private Limited have been licensed. Contract Farming has been regulated under the Act which helps the processing industry.
The market fee structure has been rationalized. The
State has been considered as one unit and the levy and collection market fee
has been made at single point which makes that the market fee suffered goods in one market is exempted from the payment
of market fee in any of the APMCs in the State. To
give impetus to the processing industry which in term fetch
more value to the producer, the market fee levied on raw produce is exempted
on the finished goods.