Proposed marketing reforms will to boost agri biz investments: experts


Nirmala Sitharaman’s announcement regarding the enactment of a Central law to provide adequate choices to to sell produce at attractive prices and allow barrier-free inter-state trade will go a long way in ensuring the cultivator gets a better remuneration for his crop.

As of now, states are controlling the law governing APMCs and its political reach.

“Amendments to the Essential Commodities Act, reforms in agricultural marketing and risk mitigation through predictable prices will empower farmers, strengthen agri-food processing linkages and enable demand-driven value added agriculture. The reforms will encourage in food processing and together with the infrastructure outlays will contribute in shaping a competitive agri value chain, reduce wastages and raise farmer incomes,” said Sanjiv Puri, Chairman, ITC Limited.

Relieving from compulsion to sell their produce using Agriculture Produce Marketing Committees (APMCs) will prove a major relief under scenarios of both, scarcity and abundance. Bringing the produce to mandi and selling to the middleman at the price asked for not only reduces the cultivator’s chance of getting a fair price, but also adds to his cost.

ALSO READ: Gujarat’s labour law exemption

Tech Mahindra arm leverages AI for potential Covid-19 therapeutic drugs


IT services firm has said that the company’s research and development arm Makers Lab, is taping into (AI) to conduct research and find potential therapeutic drugs for the treatment of Covid-19.

Makers Lab conducted molecular docking studies of 19 Food and Drug Administration approved ligands and anti-viral drugs. It is a technique that enables search for therapeutically potent drugs and molecules in real-time, to find compounds which can act as inhibitors against a viral protein computationally, according to the Pune-based company’s statement.

ALSO READ: Foreign exchange reserves surge by $4.2 bn to $485.31 bn, says RBI

said, the development was just the first step where computational analysis can reduce the amount of time taken to narrow down the search amongst the vast array of molecules present in the process of finding a cure to the pandemic. “There is more work needed to be done to move the process from molecular docking to actual drug design, testing and drug development at scale.”

“As a leading global digital transformation provider, is not only committed to ensure the well-being of our employees,

Minderoo Group becomes Tattarang | Business News



(existing subscribers)

The password field is case sensitive.

Request new password

Problems, questions, feedback? Please call +61 8 9288 2100

(function(d, s, id){ var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) {return;} js = d.createElement(s); = id; js.src = ""; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk')); …

Subscribe Now