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Union Cabinet approves ordinance to protect farmers directly engaging with the market

Published in Business & Finance
June 03, 2020
1 min read
Union Cabinet approves ordinance to protect farmers directly engaging with the market
  • The Union Cabinet has approved “The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020”.
  • The ordinance will empower farmers for engaging with food processing companies, aggregators, wholesalers, large retailers, and exporters without any fear of exploitation.
  • It will transfer the risk of market unpredictability from the farmer to the sponsor.
  • It will also enable the farmer to access modern technology and better inputs.
  • It will reduce the cost of marketing and improve the income of farmers. 
  • Sale, lease or mortgage of farmers’ land is totally prohibited and farmers’ land is also protected against any recovery.

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Union CabinetAgriculture
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