Markets and trade
 

Detail

Area
India
Commodity Group
Grains
Commodity
Wheat
Date
01/09/2020
Policy Category
Consumption and marketing
Policy Instrument
Government market intervention
Description
Passed a series of market reforms and long-term measures to increase the competitiveness of the country’s agriculture sector and enhance the income of farmers. Key innovations include: the freedom of farmers to market their products to other entities in addition to government; the right of farmers to practise contract farming and engage directly with processors, wholesalers, large retailers and exporters; and the removal of price and stockholding limits for strategic commodities, including wheat.