The significant impact of the removal of Essential Commodities Act...

the second order impact of the new act is enormous including significant investments in storage, warehousing facilities leading to stable prices due to less wastage of the produce

The same can bring in larger private sector participation . One such example is of Reliance
Retail which has acted as a key integrator bringing
together the best input companies to provide the farmer
with a best-in-class “banana kit”, and started a movement

called “Kushal Kela Vikas Abhiyaan” in Maharashtra. The
kit includes fungicide from BASF, fertilizer from Yara, There is even a tri-partite
agreement between HUL, Rallis & ICICI wherein Rallis
provides seeds and fertilizers and ICICI provides finance