Skip to main content

WHAT ARE FARM BILLS 2020 AND WHY ARE FARMERS CONCERNED?

 ~ANSHIKA



The farm bill 2020 has caused an uproar after the  parliament passed agriculture related bills. The three bills that were passed are the farmers produced trade and commerce (promotion and facilitation) bill. Farmers (Empowerment and protection) agreement on price assurance and farm services bill and essential commodities (Amendment) bill. 


The recently passed farm bills will give farmers the opportunity to trade across states and enable them to transform into merchants of their own produce and be in charge of the cycle. The plan behind these three bills is that the new guideline will make an ecosystem where the farmers and traders will have freedom of the choice of sale and acquisition of agri-produce and advance barrier-free inter and intra-state exchange and trade outside the physical premises of business sectors advised under State Agricultural Produce Marketing enactments. The government hopes the new laws will provide farmers with more choice ,with competition leading to better prices as well as ushering in a urge of private investment in agriculture sector.



But, the farmers have been apprehensive about this Bill. They fear that encouraging tax-free private trade outside the APMC mandis will make these notified markets unviable, which could lead to a reduction in government procurement itself. Farmer’s are also demanding the MSPs be made universal , within mandis and outside so that all buyers – government or private-will have to use these rates as floor price below which sales cannot be made. In states like Punjab and Haryana bandh were observed with blocked roads and mass rallies.


If experts are to be believed, the newly passed bills will introduce farmers to free markets, allowing them to sell crops at higher prices. Although Farm Bill 2020 will bring much-needed investment, but it could also skew the playing field, with small farmers unlikely to match them in bargaining power.

  




Comments

Post a Comment

Popular posts from this blog

Past makes present: Elon Musk 's anti union tweet

Who would have thought that a tweet made in 2018 will cause hassle in someone’s life in 2021. We are talking about none other than Mr. Elon Musk, CEO of Tesla, Inc. He needs no introduction but more than him, his tweets are famous. Elon Musk has been seen tweeting sharp and blunt statements very often but this time he faced serious repercussions as well. Swami Vivekananda rightly said that the present is determined by past actions. It all started in 2018 when Elon musk is his tweet, wrote: “Nothing stopping Tesla team at our car plant from voting union. Could do so tmrw if they wanted. But why pay union dues & give up stock options for nothing? Our safety record is 2X better than when plant was UAW & everybody already gets healthcare.” This tweet came in the limelight in 2021 when National Labor Relations Board found it oppressive and threatening. As per NLRB the tweet by Mr. Elon Musk was unlawfully threatening the employees with the loss of stock options if they decided ...
Post a Comment
Read more

Russia’s Melting Snow May Cost the World Economy 2 Billion Dollars

The impact of climate change on a vast permafrost area of Russia has become a principal apprehension for the country. This is primarily due to thawing of once permanently frozen ground which covers more than half of Russia. The liquefication of snow is putting buildings, pipelines and other infrastructure in peril. This problem needs to be addressed imperatively because the scale of damage will escalate every year. Rising temperatures are the epicentre of anxiety for mining, oil and gas companies. The permafrost area accounts for 15% of Russia’s oil and 80% of its gas operations. It is also home to miners including MMC Norilsk Nickel PJSC, the biggest refined nickel and palladium producer. Multiple new craters have been found in the gas-rich Yamal region, which is a risk to pipelines. By 2050, global warming may jeopardise about a fifth of structures and infrastructure across the permafrost area, costing about $84 billion. Residential real estate, worth $53 billion, might be als...
Post a Comment
Read more

Changing Environment For Local Business In Sri Lanka; Government Initiates The Revolution

Local industries and businesses are the backbone of the economy of any country. Additionally, Sri Lankan Government defines a local company as one with a minimum ownership of 51% of a Sri Lankan. To help these companies grow, the Sri Lankan Finance Ministry has proclaimed a circular enlisting the priorities to the local companies. Moreover, this move from the government may bring some salient alterations in the condition of the local manufacturers. The government has also come with up steps that will augment the local industries across the different domains. These domains include IT sector, construction, etc. The circular, as issued by the government includes relevant documentation regarding sourcing of resources and products. Additionally, sources point towards the fact that the government is hoping to extend support to the domestic sector and help them grow. Besides, the major focus is on the three sectors- IT software and hardware, construction and furniture and allied products. Pos...
Post a Comment
Read more