[puranjay]

Objectively, it is replacing a bad system.

But the proponents of the bill place too much faith in the market. India has never had truly free markets. There is a very legitimate concern that a few big corporations will monopolize the market and leave farmers with no real choice.

The concerns might have been muted if successive governments hadn't shown a willingness to bend and break (or heck, even set new rules) for a couple of major industrialists. As things stand, it is hard to trust the government.

[logicuce]

Policy change will continue to happen. And they happen because someone is rooting for them. You can't penalize a Industrialist for being an Industrialist. They are wealth generators and are doing that for a large number of people and not themselves alone (you can argue by how much).

BTW, Farmers have enjoyed their share of handouts which are more or less treated as entitlement now a days: 1. Tax free income 2. Subsidies, lona waivers, electricity bill waivers 3. Minimum Support Price for the longest time