‘Direct crop purchase to bring gains of FDI in retail’https://indianexpress.com/article/cities/chandigarh/direct-crop-purchase-to-bring-gains-of-fdi-in-retail/

‘Direct crop purchase to bring gains of FDI in retail’

Amid a furore over FDI in multi-brand retail,the Haryana government has said its allowing direct purchase of horticulture produce and setting up of primary processing facilities by private players will help farmers gain from foreign investments in the sector.

Amid a furore over FDI in multi-brand retail,the Haryana government has said its allowing direct purchase of horticulture produce and setting up of primary processing facilities by private players will help farmers gain from foreign investments in the sector.

As part of major reforms in the farm sector,the Haryana government brought amendment in Punjab Agricultural Produce Markets Act,1961 last month,allowing direct purchase of horticulture commodities including vegetables,fruits and commercial crops from farmers to provide them remunerative prices.

It also gave the nod for setting up primary processing facilities such as sorting,grading,packaging and storage of perishable commodities by private parties including corporates.

“Allowing direct purchase of horticulture crops from farmers and setting up of processing facilities,will set the foundation of FDI in retail,” Haryana Agricultural Marketing Board,Chief Administrator,T V S N Prasad told PTI here.