Law to curb MNCs' entry in agrimarket on cards
Kerala government plans to bring in legislation to curb entry of multinational companies in the agricultural commodity market.
By PTI |
THIRUVANANTHAPURAM: Kerala government plans to bring in legislation to curb entry of multinational companies in the agricultural commodity market.
The Government's assessment was that unrestricted entry of MNCs for procurement and sale of agricultural products and cash crops would pose a threat to the state's interests, Agriculture Minister Mullakkara Ratnakaran said in reply to a supplementary in the state assembly today.
Kerala had, for quite some time, been pressing the Centre to set up a price stabilisation fund to save the farmers from the impact of price fluctuations.
He said Wayanad, Kasargode and Palakkad districts in the state had been included in the Vidarbha Model Package for agricultural revival. The Centre had allotted Rs 765.24 crore for implementing the schemes under the package.
The state had also demanded inclusion of Alappuzha and Idukki districts in the package, he said.
The Government's assessment was that unrestricted entry of MNCs for procurement and sale of agricultural products and cash crops would pose a threat to the state's interests, Agriculture Minister Mullakkara Ratnakaran said in reply to a supplementary in the state assembly today.
Kerala had, for quite some time, been pressing the Centre to set up a price stabilisation fund to save the farmers from the impact of price fluctuations.
He said Wayanad, Kasargode and Palakkad districts in the state had been included in the Vidarbha Model Package for agricultural revival. The Centre had allotted Rs 765.24 crore for implementing the schemes under the package.
The state had also demanded inclusion of Alappuzha and Idukki districts in the package, he said.
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