The Cabinet, chaired by PM Narendra Modi, approved historic amendment to Essential Commodities Act. The regulatory environment has been liberalised for farmers through this amendment
The amendment deregulates agricultural commodities like cereals, pulses, oilseeds, onions and potatoes besides promulgating an ordinance to allow farmers to engage with processors, aggregators, large retailers, exporters.The latest ordinance will ensure barrier free trade in agriculture produce. It will not bind farmers to sell their crop only to licensed traders in the APMC (Agricultural Produce Market Committee) mandis of their respective talukas or districts.
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