As part of the reform process for the farm sector, the government amended the six-and-a-half-decade-old Essential Commodities Act to deregulate food items, including cereals, edible oil, oilseeds, pulses, onion and potato.
The amendment, besides deregulating production and sale of food products, will provide for no stock limit to be imposed on any produce.
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Unknown title come up with reforms. These are reforms which have been talked about for a long time. They certainly can be beneficial for a significant portion of our economy if implemented,” Mr. Rajan said. <span>As part of the reform process for the farm sector, the government amended the six-and-a-half-decade-old Essential Commodities Act to deregulate food items, including cereals, edible oil, oilseeds, pulses, onion and potato. The amendment, besides deregulating production and sale of food products, will provide for no stock limit to be imposed on any produce. Last month, the government approved an ordinance to allow barrier-free trade in agriculture produce outside the notified APMC mandis. The Farming Produce Trade and Commerce (Promotion a Summary
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