On Thursday, the Lok Sabha passed the Farmers' Produce Trade and Commerce Bill 2020 as well as the Price Assurance and Farm Services Bill 2020 Farmers (Empowerment and Protection) Agreement in the Lok Sabha.
These bills would assist small and marginal farms, according to the Modi government, by enabling them to sell out-of-mandis products; enabling them to sign agreements with agri-business firms; and removing stock-holding caps on key commodities.
The bill is opposed by political parties, farm organisations such as the Bharatiya Kisan Union (BKU) and large agricultural bodies such as the All India Kisan Sangharsh Coordination Committee (AIKSCC) and some groups of farmers. They argue these bills will not benefit anybody, but large companies, and will ruin the livelihoods of farmers.
farm Bills advantages or Benefits
- Narendra Singh Tomar, Minister of Agriculture, said both of the bills would fulfil the country's expectations and needs for agriculture.
- The farmer will be attracted to relatively good crops, and his income will naturally increase if the farmer grows expensive crops, and he will also support agricultural growth.
- "These bills would also help to export agriculture." Tomar said that small farmers are about 86 per cent. "When these farmers manage to know in advance the fixed price of their produce by some legislation they can do profit farming."
- The Minimum Support Price (MSP) will not be impacted by these bills and this will help make farmers more advanced. "The MSP was, the MSP is, and in the future the MSP will continue."
- Through these changes, farmers will directly link with the major traders and exporters, adding benefit to farming. "Those bills would bring revolutionary improvements to farmers' lives."
- Through the bill, the Minister of Agriculture aims to provide a national structure for agricultural agreements that will protect and enable farmers to engage with agri-business companies, processors, wholesalers, exporters or major retailers.
- That bill would bring independence to the agricultural sector.
- These bills have no effect on the State APMC Act. "APMC will be in the state, but beyond its periphery, there will be inter-state trade, and farmers will be able to sell their goods from their field, home, and elsewhere after the law comes into being."