homeagriculture NewsIndia approves sale of pesticides through e commerce platforms

India approves sale of pesticides through e-commerce platforms

India approves sale of pesticides through e-commerce platforms
Read Time2 Min(s) Read
Profile image

By Sangam Singh  Nov 29, 2022 12:39:22 PM IST (Updated)

The union government amended the Insecticide Act to make the online sale of pesticides legal in India. This latest step is set to increase competition in the pesticide market resulting in a reduction in pesticides prices.

Amending the existing rules, the union government has approved the sale of pesticides through e-commerce websites in India. Now, all e-commerce platforms including majors like amazon and Flipkart can home-deliver pesticides to their customers.

Recommended Articles

View All

The government amended the Insecticide Act to make the online sale of pesticides legal in India. However, it is mandatory for the company selling pesticides to have a licence and strictly follow the laid-out guidelines. Moreover, the e-commerce platforms would be solely responsible for the verification of the license.
"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.
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!

Top Budget Opinions

    Most Read

    Market Movers

    View All
    Top GainersTop Losers
    CurrencyCommodities
    CompanyPriceChng%Chng