PM Modi withdraws all three farm laws, urges protesters to return home
Today PM Modi announced to withdraws all three farm laws, and asked protesters to return home. Three farm laws brought in last year to liberalise India’s agriculture markets, said Prime Minister Narendra Modi on Friday, urging protesters to return to their home.
During his speech PM Modi listed out schemes for the welfare of farmers like Kisaan credit card for fish farmers and pointed out that his government has augmented agri budget by five times with over Rs 1.25 lakh crore being spent annually.
PM Modi said he introduced the three farm laws with honesty and integrity for the farmers. PM Modi said the farm laws would increase the options for the farmers to choose the market for their produce. These laws were planned following close consultation with organic farmers, agri-scientists and agri-economists, he added.
Now the constitutional process to withdraw these three laws will be completed within a month. “Our government is committed to farmers’ welfare, especially small farmers. We are committed to serve them fully. We brought in farm laws with good intentions,” he said.
The three laws, introduced in September 2020, allowed farmers to directly sell their produce, outside government-regulated wholesale markets, to big buyers. The government says this will unshackle farmers and help them get better prices.
Since then, tens of thousands of farmers have camped on major highways to Delhi to oppose the laws, in India’s longest-running farmer’ protest against the government.
“Today I have come to tell you, the whole country, that we have decided to withdraw all three agricultural laws,” Modi said, acknowledging his government had been unable to win complete support for the reforms.