Picture source: Krishi Jagran
The Indian parliament recently launched the famous Farm Bill 2020, consisting of three bills aiming at introducing reforms in the agricultural sector. Considering the fact that this sector contributes to about 18% of India’s GDP and over 60% of the population is engaged in the agricultural industry to earn their livelihood, these reforms hold immense importance. The reforms in any country are implemented with the intention of bringing positive changes or improvements to its people concerned. However, the above three bills have not only faced extreme objection by the opposition in both the houses, but have also led to intensifying protests by farmers in states like Punjab, Haryana, and Madhya Pradesh despite prevailing situation of COVID-19.
What are the three farm bills passed by the Government?
The three bills passed by the Indian Parliament aiming at introducing reforms in the agricultural sector in Farm Bill 2020 are:
Farmers Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020