The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020 was passed by the Parliament and it replaces Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020.
The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020 provide for a national framework on farming agreements (contract farming) that protects and empowers farmers to engage with agri-business firms, processors, wholesalers, exporters or large retailers for farm services and sale of future farming produce at a mutually agreed remunerative price framework in a fair and transparent manner and for matters connected therewith or incidental thereto.
The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Act, 2020 will come into force from 5th June, 2020.