On the occasion of Parkash Purab of Guru Nanak Dev on Friday, Prime Minister Narendra Modi made a big announcement and decided to repeal all three farm laws against which farmers have been protesting at the Delhi borders since November 26, 2020. He also tendered apology to the protesting farmers.
Several farmers have died during the farmers' agitation. In his address to the nation, PM Narendra Modi said, "Today I want to tell everyone that we have decided to repeal all three farm laws."
He said, "On the Parkash Purab of Guru Nanak Dev ji, I urge all protesting farmers to return to their homes and farms."
Farmers have been protesting the government's three farm laws since had passed the Farmer's Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020, and the Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020.
The three farm laws are-- The Farmers' Produce Trade and Commerce (Promotion and Facilitation) Act provides for setting up a mechanism allowing the farmers to sell their farm produces outside the Agriculture Produce Market Committees (APMCs). Any licence-holder trader can buy the produce from the farmers at mutually agreed prices. This trade of farm produces will be free of mandi tax imposed by the state governments.
he Farmers (Empowerment and Protection) Agreement of Price Assurance and Far Services Act allows farmers to do contract farming and market their produces freely.
The Essential Commodities (Amendment) Act is an amendment to the existing Essential Commodities Act.