Asia

President Kovind gives nod to three farm bills cleared by Parliament

NEW DELHI: President Ram Nath Kovind on Sunday gave his assent to the three contentious farm bills that were passed by Parliament amid unprecedented drama.
Earlier, the opposition parties, led by the Congress, had met the President and urged him to return the bills for reconsideration. The parties claim that the bills are "anti-farmers" and will pave the way for the end of Minimum Support Price (MSP).
The government has denied the opposition charge, saying that the MSP will continue to exist as before. It has dubbed the farm bills as long-pending agricultural reforms that will help increase the income of farmers.
According to a gazette notification, the President gave assent to three bills: 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.
The Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 aims to permit the sale of agricultural produce outside the mandis regulated by the Agricultural Produce Marketing Committees (APMC) constituted by different state legislations.
The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020, provides for contract farming.
The Essential Commodities (AmRead More – Source

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