Agriculture Reforms: Ignore Political Rhetoric, Embrace Prosperity Economics
News 18A visibly low-hanging economic reform contains within it several vested interests. In fact, it must start communicating directly with small farmers — the middlemen in the closed agricultural chain are the same that ensure exploitative politics on farms. This law beaks the monopsony of Agriculture Produce Marketing Committees, overseen by state governments, and enables farmers to sell their produce to entities other than APMC — it does not exclude APMCs — and prevents state governments from levying any market fee, cess or levy outside APMC areas. Already reeling under the weight of reduced water in rainfed farms and warmer climes pushing more profitable apples northwards, small farmers here have been reduced to becoming price takers, the middlemen prices setters. These reforms could — the word ‘could’ rather than ‘will’ is being used because the best of intentions and reforms can end up failing, as the repeated amendments to the Insolvency and Bankruptcy Code, 2016 have shown — bring economic justice to small farmers.