THE INDIAN FARMERS PROTEST
In this article, I would like to explain the laws that were passed and the viewpoints of both sides of the spectrum, The opposition, and the government and Finally end the article with my take on this issue.
WHAT WERE THE LAWS PASSED?
The three farm bills passed by the parliament are --
- Essential Commodities (Amendment) Bill
- Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill ( Also referred to as APMC Bypass Bill)
- Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill
- Farmers will have a choice to sell their products to anyone without APMC getting in the way
- The monopoly of APMC will be destroyed. (APMC-Agricultural Produce Market Committees)
- The changes proposed will take out the middlemen who essentially run APMC.
- Payment will be made to farmers in three day
- Farmers will be at the mercy of big corporations during dealings. If at all MSP is abolished, farmers will lose the bargaining chip and a last-ditch sale option they've always had.
- Critics of the farm bills say there is not much government regulatory oversight in the new provisions.
- There are still doubts over the way the government can comprehensively intervene in case farmers get cheated from private buyers.
- Examples across the globe show that when farmers were exposed to market forces, their incomes decreased rather than increased.
- Lack of bargaining power with big companies is a concern.
- They fear that MSP would be abolished
India is an agricultural dependent country. But the harsh reality is that a large part of the country lives on agriculture yet its contribution is not proportional to the people depending on it.
Farming should be made profitable. This happens only when farmers get the
authority to bargain. On that note, this law is definitely a welcome step.
But The wit of Indian farmers cannot achieve this and the authoritarianism of
middlemen is still deeprooted in the country. This act could harm farmers when
the retailer exploits the farmer by buying at a level below the MSP.
There are people arguing that MSP should be made legal. This is against the principles of modern-day capitalism.
Being ideologically capitalist, I welcome this law but Indian farmers need to
change their mindset and make farming profitable.
They need to turn innovative
and adopt the growth mindset by improving the quality of their product and
bargain for a better deal.
I would love to see farmers behave like corporates in the future.
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