On November 19 he announced the repeal of three farm laws. It has been clarified that the laws will be withdrawn by the end of this November.
What are the 3 farm laws, which were withdrawn?
What are the 3 farm laws?
The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act (FPTC Act): This law allowed farmers to trade their produce outside the physical markets notified under various state Agricultural Produce Marketing Committee laws (APMC acts). It overrode all the state-level APMC acts.
The Essential Commodities (Amendment) Act : Through an amendment, to the Essential Commodities Act, 1955, this law did away with the Centre’s powers to impose stockholding limit on food items, except under extraordinary circumstances. It also removed commodities such as edible oil, onion, and potato from the list of essential commodities. It enabled the government to regulate their supply or include these items back into the list only under “extraordinary circumstances” as per Section 1 (A) of the new law.
The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act: The law sought to create a legal framework for contract farming . The farmers could enter into a direct agreement with a buyer before sowing season to sell their produce at pre-determined prices. It allowed setting up of farming agreements between farmers and sponsors.
