Processors of agricultural develop and value chain providers are stored out of the purview of stock keeping limit when extraordinary conditions situation in the amended Essential Commodities Act is invoked thanks to selling price hike, Agriculture Secretary Sanjay Agarwal has reported.
The Agricultural Secretary, who addressed a webinar organised by ag-tech start-up Agribazar on recent agricultural reforms on Thursday night, was responding to thoughts raised by other contributors.
On June five, the govt amended the Essential Commodities Act (ECA) of 1955 to retain major agricultural commodities these kinds of as cereals, pulses and oilseeds out of its purview and also brought in two ordinances that would enable trade in agricultural develop outdoors the traditional agricultural market and offer good selling price and security to farmers who engage in agreement farming with processors and other customers of agricultural commodities.
“These extraordinary conditions are not applicable to processors or value chain providers of any develop, no matter what be the conditions, for their annual capability and even to the export commitments,” Agarwal reported.
Stock limit and regulation
Beneath the amended EC Act, agri-foodstuff develop can only be controlled less than extraordinary conditions these kinds of as war, famine, extraordinary selling price increase, and natural calamity. In the circumstance of selling price hike, the set off for involving the stock limit for perishable commodities is 100 for every cent raise in the retail selling price of the commodity around the immediately previous twelve months or the average retail selling price of the final five calendar year, whichever is decreased. And for non-perishable develop, the set off is the selling price of fifty for every cent.
Pertaining to degree playing field for personal e-marketplaces, the Agriculture Secretary reported they will be dealt with at par with the Condition-sponsored eNAM (National Agriculture Market place). “eNAM is a platform that works in mandis. The trade ordinances that the govt arrived out with do not touch mandis. No special area is stored for eNAM in the ordinance. Both equally the govt and personal platforms will have equal footing,” he reported.
According to Agarwal, the most effective component of the ordinance is all electronic platforms for agri develop can function them selves. There is no registration or regulation necessary, other than for the actuality that they have to declare their good trade modalities, payment modalities and logistic modalities. And they have to comply with these modalities. The govt has stored a provision for framing norms for this ecosystem at a later on stage, if necessary to use, he included.
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