Cabinet nod for National Agriculture Market

The Cabinet on Wednesday gave its nod for the setting up of a National Agriculture Market which would require a single licence for market operations, single point of levy of market fee and electronic auction as a mode of price discovery. The single licence will be valid for all farm markets across each State.

The meeting chaired by Prime Minister Narendra Modi also approved a central programme for creating sources of assured irrigation for the agriculture sector by converging several ongoing inter-Ministerial schemes.

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