Farm Bill 2020
Farm Bill 2020
It is a revolutionary bill which allows trading in the market and there are no middle men to take away their produce which will help them to reap the benefits of their profits whole heartedly. A new ecosystem will be created of trade between various states and no separate taxes burdening them. Farmers bore the brunt of many problems which will be removed by this bill, first middle men which will be done away with this farm bill. The second thing is transporting the crop and its high cost, now thanks to this system. They can sell it with transparency through any state through a much better network and the other reasons are overproduction of the crop as they were forced, now when they are traders, no one can force them to produce a specific amount and sell it at a lower price. They can sell it at at their own price. But this bill has not been accepted by leaders of farm cliques. At least 90% of farmers are out of this system and only 6% of farmers have access to this system.
Demands of the farmers
- The farmers demand revocation of all ordinances in the process of transforming into bills. The mandi system has been made intact and all loans imposed on them have been cleared.
- The law should entail that a record be made of all payments of farmers through middlemen as they also get reimbursed through this system. Middlemen make more profit on the cost of the product.
- MSP should be at least 50% of the cost of production, if not has to be punishable under law.
- Banks should not be allowed to deduct money through the guise of loans.
Pros and cons of Farm Bill 2020
- It is a free and flexible system for the farmers making them traders of their own crop.
- Sale of products guarantees an additional trading space for farmers wanting to market their crop.
- Agriculture being the mainstay in the country will profit with this bill.
- Farmers will get a stipulated price for his or her products in the trading space.
- There is no backing to the MSP. Procurement has not been mentioned in the bill.
- There is no implementation of the MSP for every crop which has to be mandated by the bill.
- Civil servants hold the upper hand in the bill, instead of the courts.
Conclusion
- In the end, backing needs to be made for the Minimum Support Price so that farmers can be absolved of their fears.
- Roads need to be linked to villages connected each state and district.
- Regular electricity supply to the farmers so that machines can function seamlessly.
- Legal implications need to be made for MSP so that process of buying can be streamlined for farmers.
