The much talked about monsoon session of the Parliament culminated recently but not without controversies, sloganeering, and demonstrations. Apart from various other bills that saw the light of the day, the three key farm bills namely Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill, Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill, and Essential Commodities (Amendment) Bill garnered maximum spotlight. Intriguingly, like all other legislations, these bills are very promising, or one may feel that they are being projected that way.
The newly introduced laws are stated to be farmer-friendly by promising to increase his income and freeing the sector from government control. However, it has caused a major commotion across the country with farmers already hitting the streets despite the pandemic. The government, on the other hand, asserts that these bills will revolutionize the agrarian sector, which collectively constitutes 60% of India’s economy and hence the growth of the sector would fundamentally impact the overall economy and vice versa.
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