What are the farm laws implemented by the government of india in the year 2020?
Answers
Answer:
Farmers make up 60 per cent of the Indian population; farming 18 per cent of the country’s gross domestic product. Marginal farmers comprise 85 per cent of the total population of farmers.
The monthly income of agricultural households from cultivation has recorded a marginal increase since the national census in 2011: In 2016, the average monthly income of agricultural families was estimated around Rs 3,140. Almost 52 per cent of total rural agricultural households were estimated to be under heavy debt.
The average annual debt amount per agricultural household is estimated to be around Rs 104,602. These trends can be associated with increasing farmer distress, urban migration and suicide rates in rural India, especially among farmers.
Earlier this year, the Union government passed three heavily contested farm bills in Parliament. The Farmers Produce Trade and Commerce (Promotion and Facilitation) bill, which aims to dismantle existing trade and distribution monopoly, is enjoyed by the Food Corporation of India (FCI) and the Agricultural Produce Market (APMC).
This Act will now allow farmers to sell outside of their designated districts APMC, thereby advancing their interaction with the market directly.
The second is the Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, which focuses on creating avenues for farmers to engage in contract farming through verbal or written contracts. This bill paves the way for farmers to access national and corporate markets.
The last is an amendment to the Essential Commodities Act, 1955, according to which, cereals, pulses, oilseeds, edible oils, onions and potatoes have been deregulated.
Explanation:
The Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020, The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020, and The Essential Commodities (Amendment) Bill, 2020 were collectively passed as a part of 2020 Farm Laws.