5. What are the Farm Bills and how will they affect farmers?
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What are the Farm Bills and how will they affect farmers?
The Farmers Produce Trade and Commerce bill breaks the monopolistic situation afforded to the APMC-FCI structure. The amendment to the Essential Commodities Act, 1955 changes the limitations on stockpiling and allows for staple crops to become commercial. The three bills seek to transform agriculture in India
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it will greatly affect the farmers there would be a contract in the farmers and the trader who will buy the produced the contract will be of ten or fifteen years and the farmers will not be able to complaint or case on the trader if they gave up less money for a produce or do not buy a produce
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