WTO Report Supports Narendra Modi’s Farm Laws
An independent report by the World Trade Organisation (WTO) Secretariat, say media reports, has indirectly supported the three controversial farm laws introduced by the current government. Despite ongoing farmers’ protests against these acts, the WTO seems to indicate that the policies are in the right direction and may help the agriculture sector.
The Indian laws aim to protect and empower farmers, stated the report, in a manner so that they can engage with the various stakeholders, such as agriculture firms, processors, wholesalers, retailers, and exporters “for farm services, at mutually agreed prices, in a transparent manner”. They will thus benefit croppers.
At present, the fragmentation of the farm markets and weak infrastructure ensure that the farmers get only a fraction of the prices paid by the final consumers. The bulk of the money goes to middlemen and intermediaries. In addition, agriculture subsidies account for 8 per cent of India’s GDP, and half of the Centre’s total subsidies are related to food.
Government procurement of certain crops, to ensure food security and farmers’ livelihoods, at pre-fixed MSPs (minimum support prices) distort and disrupt cropping patterns and production. The report said that this is in favour of MSP crops like wheat, rice, cotton and sugar, and away from those such as pulses, coarse grains, and oilseeds.
Gujarat Government Boost For Hydroponic Farming In Cities
Mar 02, 2021
Agriculture Growth ‘Bright Spark’ In Times Of Pandemic: Study
Feb 27, 2021
Efforts To Produce More Of World’s ‘Costliest Spice’ In India
Feb 26, 2021
Empowering Story Of A Woman Who Followed Her Dream
Mar 01, 2021
Grit, Determination: Inspiring Story Of A Woman Farmer
Feb 16, 2021
Can This Bihar Farmer Grow The ‘World’s Costliest Vegetable’?
Feb 05, 2021
Rhizome With Health Benefits; Growing Ginger In Kitchen Garden
Feb 20, 2021
5 Tips To Start Your Terrace Garden
Jan 21, 2021
Avian Flu In India: What Should You Do To Stay Safe?
Jan 16, 2021
Why Farmers In Germany Are Against A New Law?
Feb 23, 2021
‘Agricultural Production Model, Trade Need Urgent Action’
Feb 22, 2021
Agriculture Must Be Part Of Climate Change Negotiations: American Farm Bureau Chief
Feb 04, 2021