The Punjab Assembly has approved Punjab Agriculture Markets Regulatory Authority Act (PAMRA), which will replace the decades-old existing system in the province.
Agriculture Punjab Secretary Muhammad Mahmood has said that the previous law was very restrictive and discouraged competition.
PAMRA will pave the way to increase competition in agriculture produce markets, and provide new horizons for the farming community. Mahmood disclosed that the emerging competitive marketplace will improve the bargaining power of farmers and retailers/ consumers. Resultantly, the farmers will earn more for their produce and consumers will pay less.