Parliament on Tuesday passed a Bill to remove cereals, pulses, oilseeds, edible oils, onion and potatoes from the list of essential commodities. The Essential Commodities (Amendment) Bill, which was approved by the lower house on September 15, was approved by a voice vote in Rajya Sabha. The bill replaces an ordinance promulgated in June.
Replying to a short debate, Minister of State for Consumer Affairs, Food and Public Distribution Danve Raosaheb Dadarao said the stock limit conditions imposed through the law were hindering investment in the agriculture infrastructure.
The minister said the move will boost investment in the agriculture sector and will also create more storage capacities to reduce post harvest loss of crops. “This amendment is in favour of both farmers and consumers,” Dadarao added.
According to him, the changes in the 1955 law is an important step by the government to achieve its target of doubling farmers’ income and also for ease of doing business. He said the essential commodities act was brought when the country was not a self sufficient in food grains production. But now the situation has changed, therefore the amendment was required, he said.
While India has become surplus in most agri-commodities, farmers have been unable to get better prices due to lack of investment in cold storage, warehouses, processing and export. Farmers suffer huge losses when there are bumper harvests, especially of perishable commodities, he said.
Earlier in the day, many opposition members had staged a walkout from the House demanding that the suspension of eight members be revoked.