Proposed agricultural marketing reforms are a step in the right direction, says CII director general Chandrajit Banerjee


May 15, 2020 7:03 PM STI

New Delhi [India], May 15 (ANI): Confederation of Indian Industries (CII) Director General Chandrajit Banerjee said on Friday that the proposed amendment to the Essential Products Law and Agricultural Marketing Reforms by the Minister of Finance Nirmala Sitharaman are steps in the right direction for agriculture.
“In the third tranche of the package announced by the Minister of Finance, the emphasis has rightly been placed on the agricultural sector. provides the largest share of jobs in our country, ”Banerjee said in a statement.

“The agricultural sector has been subjected to a multitude of restrictions which are no longer relevant. This has hampered the marketing and price realization of agricultural products. In this context, the modification of the law on essential products and the agricultural marketing reforms proposed by the minister are really encouraging, ”he added.
He added: “We hope that states will align with these changes. What is also essential is that these changes are supported by the substantial allocation of funds, including Rs 1 lakh crore for infrastructure development. agriculture and food processing. “
Earlier today, Finance Minister Nirmala Sitharaman announced an agricultural infrastructure fund of Rs 1 lakh crore for on-farm infrastructure for farmers and a Rs 10,000 crore program for the formalization of micro food enterprises (MFE) in the third tranche of the Rs 20 crore stimulus package (ANI)

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