Agricultural Produce Marketing Act

The Agricultural Produce Market Act is a law in India established in 1939 to regulate the marketing of agricultural produce. Its primary goal is to ensure fair trade practices, prevent exploitation of farmers by middlemen, and create organized markets where farmers can sell their produce at transparent prices. The Act facilitates the regulation of market yards, licensing of traders, and price discovery through auction systems. It aims to protect farmers' interests, promote efficient marketing, and stabilize agricultural markets by reducing price fluctuations and ensuring equitable earnings for producers.