FM @nsitharaman announces major adminstrative reforms. The outdated Essential Commodities Act to be amended. This removes a major hurdle for farmers and the food supply chain. This had been suggested in Economic Survey 1/n
A central law will be introduced in order to allow farmers to sell their produce as they wish. Barrier free inter state trade to be encouraged. This removes license permit raj for the agricultural sector. 2/n
A legal framework will be created to protect and enable Indian farmers to sell their produce, invest in new technology and become competitive. Finally agriculture is free...... 3/n
As should clear by now, this is not just about stimulating demand, it is about deep structural reforms. While reforms will continue to be announced over time, the philosophy should be clear by now 4/n
