In a major agro reforms action, the Yogi Adityanath government has decided to throw open the state’s organised farm produce market estimated at over Rs 600 billion for private investment and participation.

The Adityanath cabinet has approved amendment to UP Agriculture Produce Marketing Committee (APMC) Act, 1964 allowing the setting up of private mandis to give competition to the government-run mandis operated by UP Mandi Parishad. The amendment would allow private companies set up procurement markets/centres outside the periphery of existing mandis for direct purchase of ...