The modern silos near farms "would act as purchase centres (mandis)", and would require around one-third land as compared to the conventional storage warehouses, the government said.
The farm laws have the potential to make farming a lucrative endeavour and also open the floodgates to private investment and innovation
Speaking to CNBC-TV18 Shobhana K Pattanayak, Agriculture Secretary, affirmed that the agriculture sector is doing well. “We have had a bountiful monsoon and we expect a bumper production this year. We have covered about 226 lakh hectares.â€
With some crops like pulses starting to arrive in mandis a bit early, the government today said minimum support price (MSP) of all kharif crops grown this year will be applicable from September.
Cautioning that the entry of foreign retail giants could create unemployment, a Parliamentary panel on Tuesday asked the government to set up a 'retail regulatory authority' to deal with issues concerning foreign multi-brand retail companies in the country.
Over 18.65 lakh metric tonnes of wheat has so far arrived in the mandis of Haryana during the current procurement season, an official said today.