"Part of auctions started today (on Thursday), after the state government assured traders of not taking any action if foodgrain prices fell below the MSP, based on market forces. Full-fledged auctions are set to resume on Friday," said Dnyandeo Nivruti Kadam, chairman of the APMC at Baramati.
Grain traders across mandis had urged the chairman of the respective APMCs to publish clarifications on the penalty provisions in local media and to also display these at market yards.
"Prices are determined by market forces, depending upon supply and demand. Traders cannot be forced to buy any commodity at a price determined by the government," said Kadam.
Trader bodies have also asked for written assurances from the government.
"There was a rumour in the market that the government would take action on this issue. While traders have resumed auctions, we expect the government to come out with clarifications," said Vilasrao Shinde, chairman of the APMC at Ahmednagar.