Lok Sabha clears bill to amend Essential Commodities Act

By: |
September 15, 2020 9:30 PM

Farmers in many states, including Punjab and Haryana, have been protesting against these bills. The government has already brought ordinances, and the bills seek parliamentary nod for them.

Shiromani Akali Dal chief Sukhbir Singh Badal, spoke about "misgivings" and "doubts" among farmers on the bill and two other proposed legislations related to the farm sector.

Lok Sabha on Tuesday passed the Essential Commodities (Amendment) Bill, 2020 which seeks to deregulate food items, including cereals, pulses and onion, a move aimed at transforming the farm sector and raising farmers’ income.

Participating in the debate, Shiromani Akali Dal chief Sukhbir Singh Badal, an ally of the ruling BJP, spoke about “misgivings” and “doubts” among farmers on the bill and two other proposed legislations related to the farm sector.

The Centre should withhold these legislations and work to address the concerns of farmers, he said.

Farmers in many states, including Punjab and Haryana, have been protesting against these bills.
The government has already brought ordinances, and the bills seek parliamentary nod for them.
Amar Singh (Congress) called it anti-farmers and anti-poor.

Trinamool Congress’ Saugata Roy and Kalyan Banerjee also opposed the bill and accused the Centre of taking away the power of the states.

“I don’t understand what was the hurry of bringing the ordinance,” Roy said, and claimed the legislation will benefit big traders, while the farmers would be left in the lurch.

“It will give big corporates entry into the space of farmers,” the TMC leader said.

D M Kathir Anand of the DMK also opposed the bill, while Kaushalendra Kumar of the JD(U) supported it, saying the proposed legislation will benefit farmers as they won’t have to sell their agriculture produce at lower prices.

P P Chaudhary (BJP) said the legislation will not only benefit farmers but also consumers and described it as a visionary step and the biggest reform in the agriculture sector.

Sanjeev Kumar Singari of the YSRCP welcomed the bill, saying farmers need better prices for their agriculture produce.

Bhartruhari Mahtab (BJD) was of the view that state interference in every stage is not a smart idea.

“Agriculture markets are over-regulated by outdated laws. India has now become surplus in most agriculture commodities but still there is very less investment in cold storage facilities,” Mahtab said.

The government has to safeguard the interest of farmers, he noted. Mahtab also suggested that the government do away with export restrictions in the agriculture sector.

Kunwar Danish Ali (BSP) termed the bill as anti-farmers, and said it will benefit the middle man.
He alleged that the Modi government wants to privatise PSUs to benefit big industrialists.

“This bill is intended to give licence to hoarders,” he alleged.

Do you know What is Positive GDP growth seen in Q3, need to fight inflation: RB, Cash Reserve Ratio (CRR), Finance Bill, Fiscal Policy in India, Expenditure Budget? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Don’t forget to try our free Income Tax Calculator tool.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Demand to rationalise GST on food delivery business to 5 per cent
2‘Indian economy may contract 25 pc in current fiscal’
3Excise duty collection jump 48 pc this fiscal on record hike in taxes on petrol, diesel