Business

Modi makes fresh appeal to farmers protesting over new laws

Indian PM claims new legislation will allow farmers to sell produce ‘anywhere and to anyone’

Updated 5 years ago · Published on 25 Dec 2020 5:30PM

Modi makes fresh appeal to farmers protesting over new laws
Indian Prime Minister Narendra Modi has interacted with seven farmers from different states via a video conference, in which they praised the government’s various farm schemes. – Wikipedia pic, December 25, 2020

NEW DELHI – Indian Prime Minister Narendra Modi today offered to hold fresh talks to end a stalemate over new agricultural reforms, in his latest push to win over farmers protesting for almost a month against the move.

Tens of thousands of farmers have been camping out near several entry points to New Delhi since November 26 against three new laws they say will lead to dismantling of regulated markets.

They also fear the government will stop buying wheat and rice at guaranteed prices, leaving them at the mercy of big corporates.

In a speech beamed live to millions of farmers across the country, Modi sought to allay their misgivings, insisting the laws, passed in September, will give them the freedom to sell their produce “anywhere and to anyone they like”.

“Lies are being spread that the local mandis (markets) will shut down, the minimum support price will be stopped... don’t be misguided by those having political motives,” Modi said.

“I am saying this with humility that we are ready to discuss every issue of the farmers, even with those (political parties) who are against us, for the sake of our farmers.”

Modi also released US$2.5 billion (RM10 billion) to 90 million farmers under a financial scheme that his party launched last year.

Under the direct cash transfer scheme, small farmers get 6,000 rupees (RM331) in four instalments in a year.

Modi also interacted with seven farmers from different states via a video conference, in which they praised the government’s various farm schemes. 

Agriculture employs about 70% of India’s 1.3 billion people and accounts for 15% of its US$2.7 trillion economy.

But in recent decades, farm incomes have stagnated, and experts said the sector badly needs investment and modernisation.

Farmer unions have demanded a total repeal of the laws and warned of a bigger agitation if their demands are not met.

Several rounds of talks between ministers and farmer leaders have failed to produce a breakthrough so far. – AFP, December 25, 2020

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