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Agriculture Bills 2020
- 2. Agriculture Bills 2020 Parliament gave its nod for two Agriculture Bills. Mr.Harsimrat Kaur Badal, Minister for Food Processing Industries resigned from the Union Cabinet, protesting against the bill, alleging the bills to be detrimental to Punjab’s Agricultural sector. BJP’s oldest ally of Shironmani Akali Dal quit the National Democratic Alliance
- 3. Three Agricultural Bills • Farmers Produce Trade and Commerce Bill 2020 ( Promotion and Facilitation) • Farmers ( Empowerment and Protection) Agreement of Price Assurance and Farm Service Bill 2020 • Essential Commodities (Amendment Bill) Bill
- 4. Agriculture Minister Narendra Singh Tomar has assured that the Minimum Support Price mechanism will stay, and adequate protection of land ownership was in place to protect farmer interests. Agriculture Bills 2020
- 5. The main purpose of these bills is to: • Accelerate growth in the agricultural sector, private sector investment in building infrastructure and supply chains for farm produce in National and Global Markets. • Will help small farmers who do not have means to either bargain for their produce to get a better price or investment in technology to improve the productivity of
- 6. The main purpose of these bills is to: • This bill will allow farmers to sell their produce outside APMC ‘Mandis’ to whoever they want, farmers will get better prices through competition and cost-cutting on transportation. • States will lose 'commissions' and 'mandi fees' • The Essential Commodities (Amendment) Bill, 2020, seeks to remove commodities like cereals, pulses, oilseeds,
- 7. Minimum Support Price and Issue Price • It is the price at which government purchases crops from the farmers and not at the market price. • MSP assures to help farmers and ensures that they produce pulses and food grains in the country. • Issue price: Is higher than MSP but lower than Market Price (Source: The Economic Times, 26th November 2020)