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by sabman83
1963 days ago
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“ If anything the Indian media absolutely loves to troll and embarass the government, “...” I would suggest the media in India is far freer of government influence than the mainstream media in the United States” This above argument is a joke. A good majority of the mainstream media in India are paid for and/or afraid of the current government. There is plenty to be said about this but I want to stick with farm bill issue. You say: “ current farmer protests, they are demanding that minimum price supports not be removed.” That is not the demand. The demand is to ensure that these new trading places outside of the mandis support the minimum price. The minimum price is a not a law but these mandis do follow them especially since the government also procures crops from the farmers. The farmers fear that with non-government buyers entering the market they would be less incentivized to buy them at minimum price. There are couple of links below that go into more of the nuances of the bill and what the farmers fear. https://indianexpress.com/article/explained/what-is-the-basi... https://indianexpress.com/article/explained/in-three-ordinan... |
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There is a law that authorizes the government to set an MSP. That is precisely all an actual piece of legislation should do. Governments and administrative bureaucracies need flexibility to function. The details in any sane government are worked out by administrative rule making which is constrained by other laws.
This authority is used by the government and has been used by the government to set an MSP every year for 70 years with the MSP constrained by other legislation that also constrains other budgetary activity.
Or do you think instead parliament should instead figure out the MSP for 2050 now or maybe have a legislative session including a massive lobbying free for all by the buyers and sellers every year. I’d rather have the MSPs set in a rule based fashion with some limited and rarely used discretionary authority to change the rule based levels as is the case under the law now.
Under the law, all parties have to abide by the MSP, period and in any event even if they didn’t, which they have to do, the farmers can get the MSP at the mandis and directly from government buyers. Why protest? If the new buyers won’t pay up, don’t sell to them.
Have you ever in the history of the world, heard of any bona-fide business person acting in good faith, protesting a new buyer, who was previously prevented from buying their product by legislation, entering the market? The actual farmers, the vast silent majority, are, if anything happy to see this happen.