Farm laws are the most burning issue not in India but in the whole world. But most of us are not sure what actually is the problem and who are the stakeholders. Let's get directly to the point. The Government of India passed farm laws in November 2020. There are 3 laws or we can say acts. One says that there is no limit on holding, second says that farmers can sell their produce anywhere there, is no restriction of district mandis and the last one relates to the contract farming laws in India. But the one thing that is creating furore is the absence of clause related to MSP in the laws. The situation is that farmers don't have bargaining power because their produce is very perishable and thus they have to sell their produce within one week of harvest, in case of wheat-rice especially. Thus, MSP was serving as a as an anchor for farmers to have a selling price which is covering the cost of cultivation. But with the scrapping of this MSP, the farmers have even lost that last elem
