 statement of objects and reasonsin our country, the farmer and his family entirely depends on the crop he grows and teaps the crop is the result of his hard work and his expectations are always for the remunerative prices so that he could repay the loans which he borrowed for growing agricultural produce and to meet social obligations and household expenditure but unfortunately, it is of unscrupulous traders who exploit them to the maximum possible similarly, it is now very common that whenever there is bumper crop of anything, be it foodgrains or vegetables, the prices of such items fall very steeply for instance when there is bumper crop of any commodities, their prices fall to the extent that the growers have no choice but to throw them on the roadsides and it has been noticed that the farmers sometimes burn their sugarcanes on the fields but even the government does not come to their rescue hence, there is an urgent need to provide that government should intervene at such times to protect the interests of the farmers the agricultural ministry of the union government fixes the minimum support prices of agricultural produce but generally such prices are not realistic ones and there has always been discontentment amongst the farmers regarding such prices because they remain far below the expectations of the farmers it is, therefore, necessary to set up a statutory autonomous agricultural produce price fixation board inc luding therein the representatives of the farmers and agricultural labourers to fix the remunerative prices for agricultural produce taking into consideration all the aspects, it will also be mandatory for the government to purchase agricultural produce from the farmers through their agencies it is felt that the guarantee of a minimum assured price will further give the requisite boost to our agriculture sector and our farmer will prosper for which he really deserves hence this bill new deuu; gs basvaraj february 10, 2000 financial memorandumclause 3 of the bill provides for the establishment of agricultural produce price fixation board it further provides for setting up of zonal offices clause 4 provides that the board shall give wide publicity through electronic and print media about the prices fixed clause 6 provides that the central government shall purchase agricultural produce at the prices fixed by the board the bill, if enacted and brought into operation, will involve expenditure from the consolidated fund of india it is estimated that a sum of tupees sixty crore may be involved as recurring expenditure per annum a non-recurring expenditure of rupees one crore may also be involved memorandum regarding delegated legislationclause 8 of the bill empowers the central government to make rules for carrying out the purposes of the bill the rules will relate to the matters of detail only the delegation of legislative power is, therefore, of a normal character