Al Nassr crash out as Kawasaki Frontale reach AFC Champions League Elite final    Saudi and Jordanian foreign ministers discuss Gaza situation    HR Ministry approves regulations for job ads and interviews in private sector    Will US tariff hikes affect Saudi Arabia? Kingdom largely insulated as oil exports remain exempt and non-oil sectors gain a pricing edge    Mataf nearly empty as entry to Makkah restricted to Hajj visa holders    Cinema revenues account for SR845.6 million in 2024 17 Saudi films among 504 films screened    Saudi Transplant Congress discusses scientific advancements and innovations on organ donation and transplantation    Mawani and Alissa Universal Motors sign agreement worth SR300 million to establish Logistics Zone at King Abdulaziz Port in Dammam    4 Chinese nationals arrested in Makkah for promoting fake Hajj campaigns    Saudi Arabia urges India and Pakistan to de-escalate tensions    Trump congratulates Canada's Carney as they agree to meet in 'near future'    Sánchez vows to uncover reasons behind massive Iberian power outage    Al-Khereiji at BRICS: Saudi Arabia a reliable and neutral partner in endeavors for de-escalating tensions    Al Ahli stun Al Hilal to reach AFC Champions League Elite final    Saudi market shows resilience in Q1 2025 despite global volatility: Report    SR200,000 reward for each player of the Saudi club winning AFC Champions League title    William and Kate celebrate anniversary on Isle of Mull    HONOR KSA expands its presence with new flagship Experience Store in Riyadh HONOR's first flagship store in KSA provides visitors with a premium experience, exciting offers and free services    Rock & Roll Hall of Fame picks Outkast but not Oasis    Duran leads Al Nassr past Yokohama Marinos into AFC Champions League Elite semi-finals    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Indian govt seeks to allay apprehensions of farmers as deadlock over new laws persists
Published in The Saudi Gazette on 19 - 02 - 2021

As the protests over new farm laws in parts of north India continue, the government says that domestic and international outcry over its reform measures is based on half-truths and lacks understanding about the exigencies of the Indian agriculture sector, which is facing a plethora of problems due to lack of reforms.
The government claims that three new laws — the Farmers' Produce Trade and Commerce (FPTC) Act, 2020, the Farmers Agreement of Price Assurance and Farm Services (FAPAFS) Act, 2020, the Essential Commodities Act, 2020 (ECA) — were enacted with the aim of removing market limitations, barriers and intermediaries, promoting the participation of the corporate sector in procurement and storage of agricultural produce to make the farming occupation more remunerative in line with the government's commitment to double farmer's income by 2022.
The FPTC Act intends to open up opportunities for farmers to sell their produce in any market in the country by ending the monopoly of the existing less competitive, additional tax demanding, centralized mandi (local market) system in order to ensure that the farmers get a bigger share of the price paid by the consumer with a view to improving agricultural income.
The FAPAFS Act, while allowing limited corporate farming within the legal framework that protects farmer's rights on land, enables small and marginal farmers to engage with agri-business companies, retailers, exporters for service and sale of produce at a pre-agreed price.
The ECA ACT removes items such as cereals and pulses from the list of essential commodities to reduce excessive regulatory interference to attract FDI in the production of such crops.
The government's claim on new laws is backed by many eminent economists, including IMF Chief Economist Gita Gopinath, who has emphasized that agriculture is one of the areas where India needs holistic reforms.
She said these laws will help widen the market for farmers and allow them to sell to multiple outlets besides mandis without having to pay tax, adding that this had the potential to raise farmers' income.
US President Joe Biden's administration has also said that it supports any reform that improves market efficiency and attracts investments for the benefit of the country.
Ever since the protests began, the government has been putting in all efforts to allay all undue apprehensions among some sections of farmers due to the politicization of the issue.
Indian Prime Minister Narendra Modi in his recent speech to the parliament during the budget session highlighted that any discrepancy and apprehension pertaining to these three bills could very well be addressed by discussion among various stakeholders with the intent to find a solution and the government is open to it.
As part of its efforts to address the concerns of the protesters, the government has had 11 meetings so far with farmers' leaders.
Despite repeated government attempts to break the deadlock, the protesting farmers remain adamant on their demand and are calling for a complete rollback of the agricultural reform measures.


Clic here to read the story from its source.