Explanation:

India’s Agrimarket is presently regulated by the Agricultural Produce Market Committee (APMC) Act enacted by the state governments. Functions of APMC are:
- To promote public private partnership in the ambit of agricultural markets.
- To provide market led extension services to farmer.
- To keep an eye on pricing system and transactions taking place in market in a transparent manner.
- To ensure payments to the farmers for the sale of agricultural produce on the same day. To promote agricultural activities