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What is the News?
The Prime Minister has announced that the government has decided to repeal the three controversial farm laws passed in the Monsoon Session of Parliament in September 2020.
What were the three farm laws that have been repealed?
Farmers Produce Trade and Commerce (Promotion and Facilitation) Act, 2020;
Essential Commodities (Amendment) Act, 2020; and
Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act, 2020.
Why have farmers opposed these farm laws?
Farmers feared the laws would lead to the abolishment of the Minimum Support Price (MSP) guaranteed by the government on select crops and leave them at the mercy of big corporations.
What are the other announcements made by the Prime Minister?
The Prime Minister has announced the formation of a committee to promote zero-budget farming, to make Minimum Support Price(MSP) more efficient and to scientifically change the crop pattern.
The committee will consist of representatives from the central government, state governments, farmers, agricultural scientists and economists.
Source: This post is based on the article “‘Government will repeal all 3 farm laws: Modi” published by Down To Earth on 18th Nov 2021.
