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Lok Sabha approved the Essential Commodities Bill, why the Akali Dal protested

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new Delhi
The Lok Sabha on Tuesday approved the Essential Commodities (Amendment) Bill 2020. Apart from the opposition parties, the bill was also opposed by the Shiromani Akali Dal, a constituent of the ruling National Democratic Alliance at the center. The Akali Dal demanded the government to withdraw the bill and the ordinance. The Essential Commodities (Amendment) Bill, 2020 provides for the removal of cereals, pulses, oilseeds, edible oils, onion potatoes from the list of essential commodities.

This will relieve private investors of the possibility of excessive regulatory interventions in their business operations. Freedom of product, product range, movement, distribution and supply will help to boost the sales economy and attract private sector / foreign direct investment in agriculture.

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Investment will be encouraged
Responding to the discussion in the lower house, Minister of State for Consumer Affairs, Food and Public Distribution, Raosaheb Danve said that through this bill the entire supply chain in agriculture sector will be strengthened, farmers will be strengthened and investment will be encouraged. He said that this will create a business-friendly environment in the agriculture sector and strengthen the vocals for local. Following the Minister’s reply, the House soundly approved the bill, rejecting amendments by some opposition members. The bill has been replaced by a related ordinance. This ordinance was promulgated on 5 June 2020.

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Latest Posts

Diesel price reduced by 16 paise

Highlights:Diesel became cheaper by 16 paise per liter todayNo change in petrol price for four daysThere is still no demand for crude oil due...

Horoscope Today 26 September 2020: Daily Horoscope, Aaj Ka Rashifal, Astrology Today 26 September 2020 In Hindi | Horoscope today, 26 september 2020...

On Saturday, September 26, the Moon is communicating with Saturn in the Capricorn sign day and night. Venus will have direct sight on...

Numerology 26 September: Daily Numerological Horoscope Prediction 26 September | Numerology 26th September: Today will be the most special day of these radix...

You will get affection and support from someone, you are going to be more active today. You will also get some relief in...

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Diesel price reduced by 16 paise

Highlights:Diesel became cheaper by 16 paise per liter todayNo change in petrol price for four daysThere is still no demand for crude oil due...

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On Saturday, September 26, the Moon is communicating with Saturn in the Capricorn sign day and night. Venus will have direct sight on...

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