The Government has introduced 3 new bills under the ‘Aatmanirbhar Bharat’ package that strives to reform Agriculture. These laws govern agricultural produce marketing, contract farming and an amendment to the Essential Commodities Act (ECA). There has been both, praise and protest, regarding the same.
Joining us in discussion on this episode are Shiv Kumar Mishr (Agri Entrepreneur), Aashish Chandorkar (Author & Columnist), and Karan Bhasin (Economist & Researcher). Aashish begins the discussion by explaining the need for the bills and how it will impact the sector, Shiv Mishr then speaks about the complex agricultural ecosystem and how this bill impacts various stakeholders, and finally, Karan explains the larger significance of these reforms and how this could be the 1991/Liberalization for farmers. Along the way, they discuss political repercussions, potential for Agri exports, price discovery in Agriculture, and more. This is a fascinating deep dive into a sector that employs over 50% of India’s population.
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