Regulated Market Committee
Under the provisions of the Odisha Agricultural Produce Markets Act, 1956, 65 RMCs have been established in the State for regulation of purchase and sale of agricultural produce. Of these 65 RMCs, 61 RMCs are having elected Committees while election in 3 RMCs is subjudice and one newly constituted RMC is having a nominated Committee.
Regulated Market Committees (RMCs)are established as per the provisions of the Odisha Agricultural Produce Markets Act, 1956. The main objective for establishing RMCs is to facilitate backward and forward market integration of agricultural produce, which ultimately leads to remunerative price realization to the producers and availability of quality produce to the consumers. OSAM Board is the sole authority and controlling body of all the RMCs.
The main objective of the RMCs is to ensure payment of fair price to the agriculturists.
An RMC works as a facilitator between the farmers and the procuring agencies. It facilitates both the party by providing facilities like:
- Market Yard
- Weigh Bridge
- Meeting of Farmer & Agencies
- Godown for Storage (if not sold)
- Cold Storage for perishable items
- RMC is a revenue earning body and it earns its revenue by charging 2% of the transaction amount for providing these above mentioned facilities.
- It also earn its revenue from the check gates, by charging 1% of the way bill value from the traders carrying notified produces.
- A farmer with FIC arrives at the market yard of the RMC with his produce
- Agencies like OCSC, FCI, MARKFED, NAFED etc arrives for procuring those produce from the farmers
- Empanelled Millers arrives to take the produce for processing and storage
- RMC agents present their do quality checks of the produce like weight verification, grading of the produce, moisture measurement etc.
- After the quality check is done the price is decided as per the grade of the produce and the procurement agency pay the farmer through cheque.
- Then the procurement agency sends the produce with the miller for storing or processing of the produce with a transit pass or a form IV. The miller has to give 68% of the produce taken by them to the procurement agencies as and when required. This is as per the government policy.
- The miller produces the transit pass or the form IV while passing through the RMCs owned check gates and no market feed are charged from them.
- Millers or traders, who don’t have any of these documents, have to pay 1% of the waybill amount as the market fee at the RMC owned gates if they are carrying any notified produce under that RMC.