A day after the Centre promulgated three ordinances to free up inter-state trade in agricultural commodities, provide a regulatory framework for contract farming and amend the Essential Commodities (EC) Act, experts raised several questions on some key provisions of the Acts. However, the Centre’s move has largely been welcomed.
Amendment to Essential Commodities Act
One big point of discord that relates to the amendments to the Essential Commodities Act is the provision to invoke its controlling powers on exempted food items. That is, 100 per cent increase in retail price of horticulture produce or 50 per cent increase in retail price of