New Farm Legislations in India: An Insight
Volume III, Issue V, 2020
In order to curb the exploitation of the farmers at the hands of scrupulous market players acting as middlemen and agents for trade of agricultural produce, the new farm legislations were enacted with the sole object of providing the farmers the opportunity to choose the seller and enter into contract farming and thereby receiving remunerative prices for the agricultural yield. The new farm legislations had removed the trade barriers for sale and purchase of agricultural produce and provided platform to the farmers to sell their produce through electronic mode. In this way, the farmers have been given greater autonomy and freedom in selling their produce by opening up the agrarian economy for healthy competition.
Keywords: Farmer, Sponsor, Agricultural produce market, Transparency, Reforms, Essential Commodity, Farm Agreement.