Overview

• The Maharashtra Cabinet approved amendments to the 1963 APMC Act that declare major produce markets as nationally notified committees under the 2017 Central Model Act.
• Major yards in cities including Navi Mumbai, Pune, Nagpur, Solapur and Latur will now operate under direct supervision of the state’s Department of Marketing.
• The annual turnover criterion for markets to qualify as Nationally Notified Market Committees has been lowered to 80,000 metric tonnes to widen coverage.
• A dedicated cadre of state-appointed secretaries funded by supervision fees will oversee market boards and enforce regulations.
• Local supervision committees have been established and preparations are underway to roll out a single unified trading license under the e-NAM initiative.