Markets and Trade
AreaIndia
Commodity GroupOilseeds, oils and meals
CommodityAgricultural products
Date01/09/2020
Policy CategoryProduction
Policy InstrumentAgricultural policy
DescriptionPassed a series of market reforms and long-term measures to increase the competitiveness of the country’s agricultural sector and enhance the income of farmers. Key innovations include: the freedom of farmers to market their produce at other places in addition to government-regulated local wholesale markets; the right of farmers to practice contract farming and engage directly with processors, wholesalers, large retailers and exporters; and the removal of price and stockholding limits for strategic commodities, including oilseeds.
Notes-