Narendra Damodardas Modi (born 17 September 1950) is an Indian politician serving as the 14th and current Prime Minister of India since 2014. He was the Chief Minister of Gujarat from 2001 to 2014 and is the Member of Parliament for Varanasi. Modi is a member of the Bharatiya Janata Party (BJP) and of the Rashtriya Swayamsevak Sangh (RSS), a Hindu nationalist volunteer organisation. He is the first prime minister outside of the Indian National Congress to win two consecutive terms with a full majority and the second to complete five years in office after Atal Bihari Vajpayee.
NEW DELHI: The Union cabinet headed by Prime Minister Narendra Modi on Wednesday approved amending the six-decade old Essential Commodities Act (ECA), days after finance minister Nirmala Sitharaman had said the government will do do.
The Act, which empowers government to impose curbs on stocking of farm produce, will be amended to make it in tune with the times and to attract investments into the farm sector.
After the amendment, commodities such as cereals, edible oils, oilseeds, pulses, onions and potato are expected to be deregulated.
No stock limit will apply to processors or value chain participants following amendment to the Essential Commodities Act, Sitharaman had said, adding that such limits will be imposed only in exceptional