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    Section B - Assignment 1 PDF

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    Tanuj Bohra
    The document summarizes three new farm bills passed by the Indian parliament in September 2020. The bills aim to liberalize agricultural trade and provide more flexibility for farmers to engage in contract farming and sell produce. Potential pros include farmers saving money by avoiding middlemen and having more market options. However, cons could be small farmers facing exploitation through unequal contracts or lack of bargaining power. Key challenges to implementing the bills include misconceptions among farmers, protecting them from global competition, building trust with the government, and differing political opinions.

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    Section B - Assignment 1 PDF

    Uploaded by

    Tanuj Bohra
    28 views3 pages
    The document summarizes three new farm bills passed by the Indian parliament in September 2020. The bills aim to liberalize agricultural trade and provide more flexibility for farmers to engage in contract farming and sell produce. Potential pros include farmers saving money by avoiding middlemen and having more market options. However, cons could be small farmers facing exploitation through unequal contracts or lack of bargaining power. Key challenges to implementing the bills include misconceptions among farmers, protecting them from global competition, building trust with the government, and differing political opinions.

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    211149_Section B_Assignment 1.pdf

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    The document summarizes three new farm bills passed by the Indian parliament in September 2020. The bills aim to liberalize agricultural trade and provide more flexibility for farmers to engage in contract farming and sell produce. Potential pros include farmers saving money by avoiding middlemen and having more market options. However, cons could be small farmers facing exploitation through unequal contracts or lack of bargaining power. Key challenges to implementing the bills include misconceptions among farmers, protecting them from global competition, building trust with the government, and differing political opinions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    28 views3 pages

    Section B - Assignment 1 PDF

    Uploaded by

    Tanuj Bohra
    The document summarizes three new farm bills passed by the Indian parliament in September 2020. The bills aim to liberalize agricultural trade and provide more flexibility for farmers to engage in contract farming and sell produce. Potential pros include farmers saving money by avoiding middlemen and having more market options. However, cons could be small farmers facing exploitation through unequal contracts or lack of bargaining power. Key challenges to implementing the bills include misconceptions among farmers, protecting them from global competition, building trust with the government, and differing political opinions.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    INSTITUTE OF MANAGEMENT

    NIRMA UNIVERSITY

    Communication For Managers

    Individual Assignment 1
    MBA FT 2021-2023
    SUBMITTED BY –
    TANUJ BOHRA (211149) (SECTION-B)
    SUBMITTED TO –
    PROF. KRISHNA KANABAR
    Farm Bills 2020 – Pros, Cons & Challenges
    Three farm bills were passed by the parliament of India on 20th September
    2020.
    The three bills were –
    • The Farmers’ Produce Trade and Commerce (Promotion and Facilitation)
    Bill, 2020-
    Farmers can now sell their produce anywhere in the country and are not
    restricted by the state borders and APMC.
    • The Farmers (Empowerment and Protection) Agreement of Price
    Assurance and Farm Services Bill, 2020
    Farmers can enter into contract farming engagements and be assured of
    the sale of their produce at good prices.
    • The Essential Commodities (Amendment) Bill, 2020
    Certain previously defined essential commodities like onions,
    oilseeds, pulses were removed from the essential commodities list
    and can now be stored in any quantity.

    Pros
    1. Contract farming is like an Insurance Contract. The risk of crop
    failure due to floods, drought, pests, etc is transferred to the other
    party in the contract. Farmers are assured of the sale and price.
    2. Farmers can save their hard-earned money from predators like
    middlemen.
    3. Farmers can take locational advantage by selling crops in those
    states where that crop is deficient.
    4. Private investment in the agriculture sector will lead to the
    modernization of agriculture.
    Cons
    1.Contract farming may lead to slavery. Small farmers (mostly
    uneducated) can become victims of corporate malpractices.
    2.Lack of capital with farmers to pay the heavy transportation
    costs.
    3.Hoarding and black marketing of agriculture products will
    increase.
    4.Legal troubles to farmers if contract not honoured by them.
    Challenges

    1. Misconceptions among farmers regarding Minimum Support


    Price.
    2. Protection of farmers from global competition can be tough
    as limits on storage and imports increased.
    3. Trust issue between farmers and government.
    4. The communication gap between farmers and government.
    5. Difference of opinion between the party in power and
    opposition on farm bills.

    Word Count
    297 words (Excluding Title Page and
    heading)
    REFRENCES -

    https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1654
    007

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