The Telangana government today decided to have a 'single licencing' policy in agriculture markets in the state.
Chief Minister K Chandrasekhar Rao signed on a file giving effect to the new policy, a release from his office said.
Until now, traders who have licence at a particular market cannot purchase goods in another market. This has resulted in less competition in the agriculture markets which deprived farmers of a higher price for their produce, it said.
The new policy promotes competition among traders to purchase the goods, according to the release.
Disclaimer: No Business Standard Journalist was involved in creation of this content
