Consider the following statements 1 Agricultural marketing is a subject in concurrent list of consti...........

Economic Affairs Agricultural Marketing and Prices

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Consider the following statements

1) Agricultural marketing is a subject in concurrent list of constitution of India.

2) Agricultural Produce Market Committee is a statutory body under Ministry of Agriculture.

3) Under Agricultural Produce Market Committee (APMC) act, 2003 'Contract Farming' was added.

Select the correct code

1 and 2

2 and 3

1 and 3

1, 2 and 3

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Explanation:

Under Constitution of India, agricultural marketing is a state (provincial) subject. While intra-state trades fall under the jurisdiction of state governments, inter-state trading comes under Central or Federal Government (including intra-state trading in a few commodities like raw jute, cotton, etc.)

Objectives of APMC Act

To provide for development of efficient marketing system,
Promotion of agri-processing and agricultural exports
Lay down procedures and systems for putting in place an effective infrastructure for the marketing of agricultural produce.