It has now been three months since farmers and agricultural workers from various Indian states have been agitating at the borders of Delhi demanding that the three farm laws be repealed. The farmers have argued that the implementation of these laws will result in falling prices for their agricultural produce, increased costs of cultivation and increased indebtedness. They fear that this economic situation will force them into selling their lands.
They also argue that the new laws will eventually lead to the dismantling of the public procurement system (under which the government procures from farmers at a pre-decided Minimum Support Price (MSP)), which is intrinsically connected with the public distribution system, ensuring food security and food sovereignty in the country.
They fear that the entry and subsequent dominance of large agri-businesses and corporations over the agricultural sector will convert them into wage labourers on their own land. This dominance by giant corporations, it has been argued, will
— source newsclick.in | Shinzani Jain | 28 Feb 2021