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These three Farm bill 2020 are designed to accelerate the Agriculture growth in coming future by providing more independence to farmers.
Farm Bill India 2020
Agriculture sector in India is the major source for economic growth. But there were a lot of restrictions on farmers for their crops sell which were affecting the growth of farmers in India.
As new Modi Government has said set an objective to double the farmer's income by 2022.Now Indian government has passed three bills related to agriculture , which will enhance the capability of farmers to generate more income as well as growth.
What are the three agriculture bills or Farmer bill 2020?
The government has passed three agriculture bill in Lok sabha-
1.The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill,
2. Farmers (Empowerment and Protection) Agreement on Price Assurance
3. Farm Services Bill and Essential Commodities (Amendment) Bill.
Objective of Government for these bills
As per the government said, the objective of these three agriculture bills is transform the agriculture sector and raise farmer's income.
These bill will provide freedom to farmers from government control to sell their crops or farm produce at better price.
What are the new provision in the three bills?
Basically the all three bill are proposed to create a accelerated growth in agriculture sector.
The bill on agriculture market will allow farmers to sell their produce outside APMC Mandis to whoever they want to.
It will increase the farmer's income by competition and cost cutting on transportation.
The Farm bill 2020 will allow farmers to trade in both inta-state and inter-state which will provide a large market area for farmer to sell their farm produce at better price.
The Farm bill on contract farming will allow farmers to join with agri business firm or large retailers on pre agreed price on their produce. And the bill will increase the availability of buyer to farmers.
The essential commodities (Amendment) bill 2020, will remove commodities like cereals, pulses, oil seeds, onion, edible oils and potato from the essential commodities list. This provision in bill will end the imposition of stock holding limits except under extraordinary circumstances.
So in nut shell , if we talk about these Agriculture bill 2020, there are key changes to accelerate the growth of agriculture sector and farmer's income.
Benifits of Agriculture Bill 2020
- Provide more market Opportunity to farmer to sell their farm produce or crops.
- Accelerate economical growth of Farmers.
- Increase investment opportunities in Agriculture sector.
- Remove intermediate broker in supply chain.
- Increase direct interaction between buyer and Farmers.
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