Agricultural Produce Market Committees (APMCs)

Agricultural Produce Market Committees (APMCs) are government-established markets in India designed to regulate the buying and selling of agricultural goods. They aim to ensure fair prices for farmers by providing a structured marketplace where agricultural produce can be traded. Under the APMC system, farmers sell their products through licensed traders, and the revenue generated is used for agricultural improvement. APMCs help prevent exploitation by middlemen and aim to create a transparent pricing mechanism, although they have faced criticism and calls for reform to enhance efficiency and competition in the agricultural market.