The measure is a part of the Rs 20-lakh-crore relief package announced by Prime Minister Narendra Modi.
Finance Minister Nirmala Sitharaman on May 15 announced a legal framework to help farmers with produce prices and quality.
The "facilitative legal framework will be created to enable farmers for engaging with processors, aggregators, large retailers, exporters, etc in a fair and transparent manner", Sitharaman said.
Also read: Government reaches out to agriculture sector on third day of stimulus measures
The minister was speaking to the media for the third successive day to share the details of the Rs-20 lakh-crore stimulus package announced by Prime Minister Narendra Modi on May 12.
Private sector investment in provision of inputs and knowhow in the agriculture sector was hampered since there was a lack of an enforceable mechanism for crop price, the government said in a statement.
The legal framework will facilitate risk mitigation for farmers, assured returns and quality standardisation .
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