PM Modi’s reforms could help turn India into food-export powerhouse
NEW DELHI: Of all the controversial reforms Prime Minister Narendra Modi has sprung on the market, the recent laws to liberalize farm sales could turn out to be the most far-reaching.
In a fractious and unruly session last month, parliament passed three laws that some say could pave the way for India to upend the global food trade, while others fear it will wreck the livelihoods of millions of farmers. Within days, rural groups and opposition leaders launched public protests.
If they succeed, India could not only feed itself, but become a major food exporter.
“We need private sector investment in technology and infrastructure for Indian agriculture to realize its full potential and compete better in the global marketplace,” said Siraj Chaudhry, managing director and chief executive officer of agriculture services company National Collateral Management Services Ltd. But the go nment must make its intent very clear to win over skeptics. “This is a major policy change that impacts a large and vulnerable section of the population.”
农业服务公司National Collateral Management services Ltd的总经理兼首席执行官Siraj Chaudhry说：“我们需要私营部门对印度农业的技术和基础设施进行投资，以充分发挥其潜力，更好地在全球市场上竞争。”但政府必须明确其意图，以赢得怀疑者的支持。“这是一项重大的政策变化，会影响到人口中大量脆弱的群体。”
India processes less than 10% of its food production and loses about Rs 90,000 crore ($12.3 billion) a year due to wastage from inadequate cold storage, said Amitabh Kant, chief executive officer at go nment think tank NITI Aayog.
Modi has a long resume of contentious policy steps, including a ban on high-value cash notes, the biggest tax reform since Independence in 1947 and the world’s toughest coronavirus lockdown rules. The latest seems mild by comparison: a set of amendments to laws that govern the purchase, sale and storage of farm produce.
Yet eight opposition lawmakers were suspended for unruly behavior when the new bill was passed and groups representing farmers and political parties organized demonstrations, sit-ins and tractor rallies in grain-producing states such as Punjab, Haryana and Madhya Pradesh.
Shiromani Akali Dal, a long-term supporter of the BJP, which rarely went against the decisions of Modi’s coalition, quit the go nment. It said farmers fear the measures will eventually kill the go nment’s price support re gie for crops and leave them at the mercy of big corporations that would control the market.
Modi and his ministers say the concerns are baseless and the price guarantee program will continue. His administration even raised some minimum prices for winter crops to try to reassure farmers that the price supports aren’t in jeopardy.
The issue has become even more heated because of the pandemic. The disruption to farms and supply chains has exposed weaknesses in the go nment welfare system, which is hampered by bureaucracy, underfunding and archaic distribution facilities.
Farmers point out that, while the go nment’s guaranteed prices are often considered benchmarks, private buyers don’t have to pay them.
“We are disappointed,” said Charanjeet Singh, who grows rice, wheat and vegetables on his farm in the northern state of Haryana. “The go nment should guarantee that all farmers, irrespective of whether they are selling in the designated grain markets or to private buyers, will get at least the minimum support price.”
译文来源：三泰虎 http://www.santaihu.com/p/51072.html 译者：Jessica.Wu
Mr. Modi. GOD GIVEN GIFT TO INDIA. Jai Jawan Jai Hind.
Biranchi Narayan Acharya
Let's see what happens. The intent of the PM is honest. Thus we should expect for the best.
If all the opposition parties are opposing any law, then it must be 100% good for the nation and people !
Yes, India shall become the hub of farm product export world wide.
India soon export power house of Agri-products.. bcz of highest no of farm community with intensive agl
and indians will starve due to paucity and high price of food grains which will all be hoarded by MNCs and exported; return of the East India Company raj
Sunil kumar k k
If crooks are agitating against the farm bill , then it must be good for our country.
Modiji vision is great ,but middlemen and Dalals are very powerful mafia.They the middlemen can even bring down the govt.Opposition parties are already under the control of Dalals.How modiji will overcome these forces is the million dollar question
The biggest problem with our indian mentality is we do not want to change be it our social customs or be it the way buisness to be done. I totally agree with this new farm policies.I
Feku chand lives in his own wonderland. He has zero knowledge of economy but he would blabber his mouth everyday as if he has so much expertise in economy. He cannot see that already crores of people have lost job because of his foolish policies
Much awaited good news in present conditions. Govt is doing what others could not do in last 70 years.
I have come to believe that, when the opposition parties starts screaming,it means the law is for beneficial,for the intended section of the communities.
Well done Modi Sir, As usual, the Chors and the Dalal's will not like it.
PM MODI JI IS A GREAT VISIONARY LEADER AND A TRUE FRIEND OF FARMERS.
Are you a Farmer?
small farmers will not get any benefit from these new reforms
Based on last 6 years of experience with this govt, non of the policies have benefited the common people of India.
a very good reform like 1991 reform which was also opposed heavily.
We the farmers of India,are supporting new laws,in full spirit.
Are you a farmer? I am curious
This PM make experiments on our economy with no logic....till now we see all reform is in vain...useless person