Agricultural market regulation in India

Agricultural markets in India are primarily regulated through Agricultural Produce Market Committee (APMC) Acts enacted by individual States. These Acts establish regulated marketplaces (mandis) where agricultural produce is bought and sold. While the Essential Commodities Act, Agricultural Produce (Grading and Marking) Act, and various food product orders do apply to agricultural products, they do not specifically regulate markets. The APMC system is the primary regulatory framework for agricultural markets at the state level. > State-level APMC Acts form the primary agricultural market regulation framework in India. Answer: (b).