Agriculture Policy represents a set of mandatory regulations for comprehensive reforms and to achieve certain objectives in the agriculture sector. India is an agriculture dominated country with the world second largest population and 5th largest Economy with 2.9 trillion GDP in 2020 according to a recent survey and the 3rd most purchasing power parity country after China and U.S.A. in the world
Agriculture and Farmers both are the backbones of the Indian Economy not due to their contribution to the GDP because 50% of the national workforce dependent on farming for their survival and a daily meal.
Government Role in Policy Making –
Popular institutions such as the Parliament or State Legislative Assemblies play a major role in every policy-making inside the democracy, They represent the will of people and perform an important role in lawmaking and bill passing inside the democracy.
But what if the Govt. passes the farm laws through ordinance without voting & discussing with opposition inside Parliament.?
that’s why it is a matter of Concern.
- Farmers Produce Trade and Commerce ( Act 2020)
Expands the area of trade and prohibits the state Govt. by levying the Market tax and Fees on Farm Items.
Provide E-commerce and Electronic trading to farmers Cons –
Loss in State Revenue and Tax
There will be no set limit for consumer
- The Farmers Agreement on Price Assurance and Farm Services
( Empowerment and Protection)
Pros – Legal framework for pre-arranged price agreement between Farmer and Consumer.
Cons – Fraud Cases with farmers due to no MSP
- Essential Commodities (Amendment 2020)
Pros – there is no limit to stock the essential commodities like Pulses, Oil, Potato, onion, oilseeds, etc.
Cons – Farmers don’t have such a big store to stock the corps
The public authority has introduced these laws as changes much the same as the 1991-opening of the Indian economy connecting it with the globalized markets. It has contended that the three laws open up new freedoms for the ranchers so they can acquire more from their homestead produces. The public authority has said the new laws will assist with fortifying fundamental ranch area foundation through more prominent private speculations. Progressive governments have discovered monetary requirements in putting resources into the ranch and provincial foundations. It is contended that with food markets filling dramatically in India, private players would make horticulture productive for the ranchers.
– Mayank Aswal