India approves sale of pesticides through e-commerce platforms
"A licensee may undertake the sale of any insecticide through e-commerce entity for supply of insecticides to the doorstep of the farmers during the currency of licence, and the licensee shall comply with the provisions of the Act and the rules made there under for the time being in force," the notification read.
This latest step is set to increase competition in the pesticide market resulting in a reduction in the prices of pesticides. This move will also assist agrochemical manufacturers in establishing their online presence and increasing their customer base. Moreover, Farmers would now have more options available to them.
First Published: Nov 29, 2022 12:07 PM IST
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
