InvestorQ : In the light of the farmer protests, do you see Narendra Modi relenting on farm sector reforms?
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In the light of the farmer protests, do you see Narendra Modi relenting on farm sector reforms?

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swati Bakhda answered.
3 months ago
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Prime Minister Narendra Modi has ruled out any repeal of farm reforms despite these reforms having ignited massive protests by farmers in and around the capital. Thousands of farmers from Punjab and Haryana are camped outside Delhi seeking redress from the new laws, which they believe are detrimental.

Farmers will now be allowed to sell grains directly to large retailers and food processing companies contrary to only selling to the local wholesaler. Farmers have called it a sell out to the large corporate interests from India and abroad. The question is about assured MSP.

The farm sector is critical because it contributes 15% of India’s GDP but employs nearly half of its employable population. Government is keen to get foreign investments in the supply chain which will only come if the sector is opened up.

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