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INDIA'S FARM BILL 2020


To:     The Right Hon. Indian Prime Minister Mr. Narendra Modi  

From: Athinarayanan Sanjeevraja

Date: February 15, 2021

RE:     India’s Farm Bills 2020

Suggestion:

Hon. Prime Minister, let me start paying my respects to you and through you to. India’s farm reforms have been advocated for many decades by the Indian farm economists. In fact, I’m strongly in the favour of the farm reforms when I was in Indian financial market 2007. The farm laws are very good in intent and end ecologically unsound practices. Farm law needs to be welcomed as farm laws are free market laws which allow private players to directly purchase agriculture products from farmers. In other words, farm law eliminates middlemen and gives the right to farmers to sell their agriculture products to whoever they want and they could decide the price but your government proposal on farm laws which fear that it refrain small farmers have freedom to negotiate to get a good price with corporate as corporate, in general have always upper hand in negotiations. Small farmers can’t sue corporate if corporate don’t honour farm law. It will decimate the small farmers. Perhaps, big farmers have freedom to negotiate to get a good price with corporate. Moreover, the farmer’s fear that it will allow corporate to take up monopoly positions and drive down the prices of agriculture products during bumper crop but pay poor price to farmers even the yield is low and hoard it to keep the price artificially high. Small farmers think that corporate farming may lead to the destruction of small farmers. Thus, farm laws have to deal with the big issues of guaranteeing minimum support price (MSP), support of small farmers, farmer’s loan availability and drought. Indeed, leaving small farming to capitalism will wipe out small farmers. Your government made a fatal mistake of ramming through legislation without considering guaranteeing minimum support price (MSP), support of small farmers, farmer’s loan availability, drought and the stakeholders. In addition, your government failed to explain the merits and demerits of the farm bill to the farmers. The way the laws were rushed through parliament people think that you are giving huge power to corporate and make corporate to become market maker.

Hon. Prime Minister, the farm bills lack the very basic courtesy of consulting all stakeholders before being passed. If you considered all big issues and listening to all stakeholders this would not have happened or if your government could have gotten model legislation passed and let the states modify them for their special needs this would not have happened. IMHO, your government verbal guaranteeing minimum support of price (MSP) support for farmers doesn’t make sense. We cannot talk about the things that are not in the law. Your government must ensure that written guaranteeing minimum support of price (MSP) support for all farmers, support of small farmers, farmer’s loan availability and drought with its inclusion in the law so that the India’s agriculture-system will overhaul. India needs farm law that will make reasonable profits for farmers so that they can employ lot of people in villages or towns. Let me put it very clearly that sometimes guaranteeing minimum support of price (MSP) would imply that the nation/corporate go bankrupt. Your government needs to draft farm law very carefully. Minimum support of price (MSP) must be according to how their customers consume agriculture products so that farm law would not imply the nation/corporate go bankrupt. In addition, farmers work with many agricultural products that are not in their control. Lack of guaranteeing minimum support of price for agricultural products makes farming gamble and may destroy the farming sector. But Punjab had guaranteeing minimum support of price (MSP) for wheat and paddy but not all agricultural products. Farmers were financially more stable in Punjab. Punjab farmers say that they are better off selling their agriculture products in Punjab itself.  Government or corporate can choose to procure at minimum support of price for at least major crops that consumption is significantly high in India. What I observed since my childhood whenever India has tried to pass any laws or rules, it has never worked through history because bills were not sent to Parliamentary select committee for closure examination before they became a law or acts. If bills are sent to Parliamentary select committee for closer study, we can easily remove of any loopholes in the bills before they became a law or acts. India will never achieve its full potential without farm reform.     

Hon. Prime Minister, the farm law and the protests need to be addressed. Failure to respond will result in violent on a global scale. If India wants to grow economically, farm sector must modernise but farm subsidies given to Indian farmer’s room to continue to reject modernisation. Farm subsidies makes farming is uncompetitive but small farmers cannot live without subsidy. Majority of the farmers are small holders of land. Small farmers take loans on their holdings to sustain or survive their lives. Media report says that millions of farmers have committed suicide in India as they could not payback their loans and they cannot feed their families. Farm reforms being pushed through are in the farmers’s best interest. Industralised agriculture requires minimum price supports for sure. Government or corporate has to pay farmers as minimum support of price (MSP) at least for major crops such as wheat, paddy, pulses etc. but not all agricultural products. But it should be calculated scientifically input costs, labour by farmers and prices. Otherwise guaranteeing minimum support of price (MSP) for all agricultural products would imply that the nation or corporate go bankrupt. In addition, guaranteeing minimum support of price (MSP) for major crops may lead to crop specialisation too.  Let me put it very clearly, when you are trying to bring market economies to socialist schemes may bound to create friction.  Thus, farm law needs to be draft very carefully with certain norms. Because what role does the minimum support price play? What is the cost of the minimum support price? If farmers started to cultivate only major crops what would you do? You need to know what farmers grow. What is the yield of the crops? If the yield of the crops was excess what would you do? IMHO, it does lead to over production for major crops particularly big farmers if you guaranteeing minimum support price for major crops. It would be a hard balancing act to ensure that small farmers are not taken advantage of. India would most likely come up with a hybrid compromise. You have some good ideas but the way you implement them is half baked.

Hon. Prime Minister, India needs farm reforms. India has long way to go in executing farm reforms. IMHO, first it needs to stop subsidising particularly urban population ranging from free water, seeds, fertiliser, electricity etc. on the back of its farmers because farm subsidies makes most farming uneconomic activity. In addition, farm subsidies benefits of large land holder’s not small farmers. Second, the government should explore its agricultural policies that raise agricultural productivity by using new technology. In addition, educating the farmer extensively such as importance of soil sampling and water conservation, how to purchase quality seed and fertiliser, how to develop proper irrigation and water storage infrastructure for crops, how to dispose agricultural waste environment friendly or safely. Third, the government must extend agricultural credit that towards debt sustainability particularly poor farmers who exploit private money lenders or weeding out private money lenders for small farmers. Finally, government need to tax agricultural income on the same basis as income in the other sectors. IMO, unless the market is restricted to only internal producers to improve internal efficiency prior to opening up on a global scale it is foolish to open the agricultural market to market prices. When you are creating a deregulated market but no minimum support of price will result in more farmers losing their livelihood and distress sale of farmlands. In many countries traders who decided the prices for the farmers produce as well as the price for urban consumers. Farmers do not make money not just in India but the world because transportation, maintenance of the outlet stores and cold storage cost far more than the farm production itself. That is why farmers are mercy of powerful traders who sets huge profit for themselves. Let farm laws allows farmers to take individual control of their farms and choose whom to sell to. I am confident that your government to figure out an honourable solution for farm laws through dialogue with farmers and democratic process that suits for all farmers. That is the way democracy works. When you are the leader of a democratic country, you need to act like it. I have been insisted to many leaders that nationalism, ethnic and religious is a major threat to democracy.  IMO, there is no better system of government than democracy. India needs to grow both democratically and economically.

I look forward to seeing the farm laws that reduces red-tape and middleman vested interests. Your government already has agreed to include MSP clause. I most humbly request you to remove the anti-stubble burning clause too so that India’s agricultural system will overhaul in the future. 

Thank you very much for your kind Attention Hon. Prime Minister.

     

With most amicable regards,

Athinarayanan Sanjeevraja.

Athinarayanan Advisory Services Since 2009

 

 

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