Farmers’ organisations say one of the three laws could lead to the government stopping buying grain at guaranteed prices, a move that would disrupt wholesale markets which have so far ensured fair and timely payments to farmers. President Ram Nath Kovind’s approval is likely to further stir protests, leading farmers’ organisations said. Under the Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill - one of the laws already approved by parliament - growers can directly sell their produce to institutional buyers such as big traders and retailers. Nearly 85% of India’s poor farmers own less than 2 hectares (5 acres) of land and they find it difficult to directly negotiate with large buyers. Modi’s administration has clarified that the wholesale markets will operate as usual, and the government only aims to empower farmers to sell directly to buyers.

Source: bd News24 September 27, 2020 15:00 UTC