AreaIndia

Commodity GroupGrains

CommodityWheat

Date01/09/2020

Policy CategoryConsumption and marketing

Policy InstrumentGovernment market intervention

DescriptionPassed 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.