financetom
Economy
financetom
/
Economy
/
52% farmers against farm bills: Expert discuss what farmers want
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
52% farmers against farm bills: Expert discuss what farmers want
Oct 20, 2020 11:45 AM

The Punjab government may be convinced that the three farm laws passed by the Centre are not in the interest of farmers, but ask the farmers, and it is not so black-and-white.

Share Market Live

NSE

A survey conducted by Gaon Connection among more than 5,000 farmers across 16 states has thrown some interesting findings. Majority of those polled are marginal farmers and only 28 percent are medium and large farmers. 52 percent of farmers polled said they are against the 3 new agri legislations and 35 percent said they support the farm bills and the issue of MSP (minimum support price) is the bone of contention. 57 percent farmers who oppose the legislations say they fear being forced to sell their produce at a lower price. This is the key reason for the opposition.

There are some clues on why states like Punjab, Haryana along with states in south India came out vociferously in their opposition. 78 percent of farmers in Kerala, Telangana and Andhra Pradesh sell their crop at MSP. This number is 75 percent in case of Punjab and Haryana and only 26 percent in Uttar Pradesh, Bihar and Jharkhand. They say that they are selling their crop at MSP. This could be a reason why protests in these states were not as forceful as elsewhere.

Views of the farmers are complex. While MSP remains a key concern, a majority 63 percent support the changes to the essential commodities act. A majority 46 percent also support the new law that enables contract farming even as 40 percent oppose the decision. Neelesh Misra, founder of Gaon Connection, discussed the findings in details.

First Published:Oct 20, 2020 8:45 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Fed agrees to shrink Morgan Stanley's 'stress capital buffer'
Fed agrees to shrink Morgan Stanley's 'stress capital buffer'
Sep 30, 2025
WASHINGTON (Reuters) -The U.S. Federal Reserve announced on Tuesday it had agreed to reduce how much capital Morgan Stanley ( MS ) must hold as a result of its most recent stress test results, lowering the required buffer from 5.1% to 4.3% for the upcoming year. In a statement, the Fed said further analysis showed that the central bank may...
Fed's Logan: US may need more slack in job market to hit 2% inflation
Fed's Logan: US may need more slack in job market to hit 2% inflation
Sep 30, 2025
WASHINGTON (Reuters) -The U.S. labor market likely needs to weaken further for the Federal Reserve to achieve its 2% inflation target, as prices are rising even faster without factoring in the impact of new import tariffs, Dallas Fed President Lorie Logan said on Tuesday. Logan urged caution in making further interest rate cuts, while being bullish on the economy but...
US government funding bill falling short of votes to pass in Senate, voting continues
US government funding bill falling short of votes to pass in Senate, voting continues
Sep 30, 2025
WASHINGTON (Reuters) - A Democratic bill to keep the U.S. government funded past Tuesday was falling short of the votes needed for passage in the Senate, raising the risk of a shutdown beginning in just hours. Voting continued. ...
US Justice Department probes Des Moines schools for race-based hiring practices
US Justice Department probes Des Moines schools for race-based hiring practices
Sep 30, 2025
WASHINGTON (Reuters) -The U.S. Department of Justice announced on Tuesday that it had launched an investigation into Des Moines Public Schools in Iowa to determine whether the district engaged in race-based employment practices. The Justice Department said in a letter to interim superintendent Matthew Smith that it was looking into whether Iowa's largest public school system had violated the Civil Rights...
Copyright 2023-2025 - www.financetom.com All Rights Reserved