Question
Which of the following is/are correct about the Agricultural produce market committee (APM
- C :        I.           APMCs are regulated by states.      II.           Aim of APMC is to ensure farmers are safeguarded from exploitation by large retailers, as well as ensuring the farm to retail price spread does not reach excessively high levels
Solution
An Agricultural Produce Market Committee (APMC) is a marketing board established by state governments in India to ensure farmers are safeguarded from exploitation by large retailers and ensure the farm to retail price spread does not reach excessively high levels. APMCs are thus, regulated by states through their adoption of an Agriculture Produce Marketing Regulation (APMR) Act.
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