India`s`Farm Bills 2020`– Boon or Bane for the Farmers?

Global Economic Impact of Coronavirus – Assessment and Mitigation (B)
Case Code: ECON095
Case Length: 8 Pages
Period: 1955-2020
Pub Date: 2021
Teaching Note: Available
Price: Rs.200
Organization : -
Industry : Agriculture & Forestry
Countries : India
Themes: Public Policy, Government Policies
Global Economic Impact of Coronavirus – Assessment and Mitigation (B)
Abstract Case Intro 1 Case Intro 2 Excerpts

Introduction

On November 30, 2020, more than 300,000 farmers from the states of Punjab and Haryana in North Western India marched to New Delhi, the capital city of India, and set up camps to block the roads that led to the capital to protest against the farm bills that had been passed by the parliament in September 2020. The main bone of contention was the three farm bills, ‘The Farmer’s Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 (FPTCB), ‘The Farmer (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020’ (FAPAFSB), and ‘The Essential Commodities (Amendment) Bill, 2020’ (ECB) (Refer to Exhibit I for Details of the Farm Bills 2020).The Government of India (GoI) had introduced the farm bills with the intention of making way for sweeping reforms in the agriculture sector, which was to a large extent dependent on middlemen who controlled the trade in agricultural produce..

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