Headlines December 13, 2020
PM Modi says farm reforms will increase incomes
Prime Minister Narendra Modi said that the new farm laws passed by the central government a few months ago will help bring down barriers between agricultural and associated sectors.This will help create new markets for farmers who will gain from technological advances and investments.
The Prime Minister said that when one sector grows, its effect is seen on several other sectors.
“But imagine what would happen when unnecessary walls are erected between industries. No industry will grow as fast as it should,” PM Modi said speaking at the virtual 93rd Annual Convention of the Federation of Indian Chambers of Commerce and Industry.
He then pointed specifically towards the controversial farm laws.”Agriculture and its related sectors such as agricultural infrastructure, food processing, storage, cold chains had seen walls between them. Now these walls are being removed. These reforms will give farmers new markets, advantages of technology, and help bring investments. It is my country’s farmers who will benefit the most from all this,” he said.
Thousands of farmers across the country, especially those from Punjab an Haryana, have been protesting for the past few weeks against three central government agricultural laws passed in September. They have the support of many political parties. Many rounds of talks with the central government have failed to break the impasse, with the farmers seeking the complete repeal of the three laws.
The PM sought the industry’s investment in India’s villages and small towns because that is where growth will come from in the 21st century. He said that, unfortunately, the private sector had not focused on agriculture as much as it ought to have till now.
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