Farm Bill Impact: FPCs Bypass APMC Mandis To Sell Directly To Private Players, Farmers Get Bonuses

Following the passage of new Farm Bills at the centre, FPCs in Maharashtra are now increasingly bypassing APMC Mandis to sell directly to private players and in one instances also distributed a share of profits to the farmers, Financial Express has reported.

The new farm bills passed by the Narendra Modi led central government ends the monopoly of APMC Mandis.

As per the report, many Farmer Producer Companies (FPCs) are bypassing APMC Mandis to directly deal with private companies. In one case Jai Sardar FPC had bought maize from farmers in Buldhana district of Maharashtra.

"We decided to share some of the profit with the farmers who had sold their maize to us and distributed a bonus of Rs 10 per quintal to the farmers. The amount is small but is a gesture of appreciation", the FPC's founder Ashish Nafade has been quoted as saying.

Nafade has added that the centre's farm bills has given mode freedom to his company and it also needs to ensure that it retains the farmers.

The FPCs are also planning to brand their products and also tap into the international market. The FPCs are also trying to rope in big corporate houses like ITC to sell their produce and are registering on online platforms for a wider market reach.