Don’t miss the latest developments in business and finance.

Essential Commodities Act will be amended to de-regulate agri products: FM Sitharaman

Essential Commodities Act will be amended to de-regulate agri products: FM Sitharaman

Last Updated: May 15 2020 | 8:36 PM IST

New Delhi, May 15 (ANI): Union Finance Minister Nirmala Sitharaman on May 15 announced that the central government will amend the Essential Commodities Act to enable better price realization for farmers. In a press conference, Sitharaman said, "Government to amend the Essential Commodities Act to enable better price realization for farmers; agriculture products including cereals, edible oils, oilseeds, pulses, onions and potatoes to be de-regulated."