News

Withdrawn from the essentials commodity act- cereals, pulses, and oil seeds know more

Parliament removes cereals pulses and oilseeds from the Essential Commodities Act

A new bill passed by the parliament to removed cereal, pulses, and edible oil from the essentials commodity act, helping private investors with an opportunity.

As per the new policy, passed by the Parliament,
Cereal, pulses, and oil-seeds are removed from the essentials commodity act.
This initiative was recently taken, as private sectors were constrained to participate in some of the areas due to policy hindrance. The removal of policy will allow the private sectors to intervene and take the commodity sector on higher scales.
The policy also had a clause that the government can restrict the rights in tough times like riots, drought, famine, etc.


Read through, to know more. Click on the link

You may also like
sugar export
Indian government extended the sugar export deadline till december
Indian Basmati rice exporters to renegotiate prices with global importers
Indian basmati rice exporters to renegotiate with importers from Australia, Canada, and The US

Leave Your Comment

Your Comment*

Your Name*
Your Webpage

  1. Want To Buy Cement/TMT Bars/Rice/Plywood ?