New Delhi: Government will amend Essential Commodities Act to enable better price realisation for farmers said Union Finance Minister Nirmala Sitharaman on Friday.
Agriculture food stuffs including cereals, edible oils, oilseeds, pulses, onions and potato will be deregulated.
Stock limit to be imposed under very exceptional circumstances like national calamities, famine with surge in prices.
No such stock limit shall apply to processors or value chain participant, subject to their installed capacity or to any exporter subject to the export demand.
Government will amend Essential Commodities Act to enable better price realisation for farmers; Agriculture food stuffs including cereals, edible oils, oilseeds, pulses, onions and potato will be deregulated.#AatmaNirbharDesh #AatmanirbharBharat pic.twitter.com/qVfoVXVmZl
— PIB India (@PIB_India) May 15, 2020