How does farm bill affect me

The result is that vegetables, many of which are purchased at Rs 2 or 3 a kg from farmers are sold at Rs 20 to 30 a kilo to urban consumers. This system has been going on for 25 to 30 years. Thus, crores of urban Indians had to pay higher prices and millions of farmers have gone underpaid. If open marketing was allowed, millions of farmers would have gained at least Rs 4 or 5 more per kilo for their produce and enjoyed better lives financially today. To remove these loopholes the new Farmers bill has been passed by the government.

It would enable barrier-free inter-state and intra-state trade and business outside the physical boundaries of markets The farmers will not have to pay any cess or levy for sale of their produce and will not have to pay for transportation costs An electronic trading platform has been proposed for ensuring a seamless trade electronically.

In addition to mandis, farmers would enjoy the freedom to do trading at farmgate, cold storage, warehouse, processing units etc. Farmers will be able to do direct marketing tus eliminating intermediaries resulting in realization of higher prices. If selling in mandis are optional will the mandis exist? What will happen to the government electronic trading portal like e-NAM? The farmers and the opposition political parties are protesting against the above fears.

Mandis will be open as before but farmers will have the option to sell at other places too. The e-NAM trading method will be functional in the mandis. Electronic platforms trading would increase which would raise transparency and augment time-saving. The new legislation will give power to the farmers for engaging with processors, wholesalers, aggregators, wholesalers, large retailers, exporters, and others in a very competitive environment.

Price assurance will be given to the farmers even before the sowing of crops. In the case of higher market prices, farmers will be entitled to this profitable price much above the minimum price. It will shift the risk of market unpredictability from the farmer to the financially powerful sponsor.

Due to prior price determination, farmers will be shielded from the volatility of market prices. It will give access to the farmer to adopt modern technology, better seed, and other inputs. It will mitigate the cost of marketing and enhance the income of farmers. An effective dispute resolution mechanism has been facilitated with distinct timelines for redressal. Government support to farmers for imbibing research and new technology to do progress in the lagging agriculture sector.

Their productivity is somewhat higher than that of medium- and large-size farms. Under contract farming, farmers will be dictated by corporates and the former will not be able to fix prices according to their free will.

How will small farmers be able to do contract farming, sponsors will not finance them. The new system will be a matter of concern for farmers In case of dispute, big companies will have their say.

The development and passage of a farm bill is at the top of the list for agriculture. As the major piece of agricultural legislation, the farm bill is vital to everyone involved in the industry. It provides a safety net for agricultural businesses, encourages innovation in production practices and promotes prosperity in rural communities.

Consumers care about where and how their food is made. Thanks to U. The farm bill helps guarantee continued access to the array of affordable food we all are accustomed to and enjoy. Through provisions that promote trade, market competition and quality assurance, the farm bill not only ensures an abundant food supply, but one that is safe and affordable too.

The farm bill provides nutrition assistance for those who need it. All Americans should enjoy access to affordable, healthy food, but that access can be strained for families living from paycheck to paycheck. Or that ribeye? This farm bill marks a major decision in the fierce fight over product labeling, by backing a new requirement that pork, chicken or beef sold in the United States must include details on where the animal was born, slaughtered and processed.

Take a look at a package of meat in the store tonight and you'll see it. That information has been on labels since the fall. But Canadian and Mexican meat producers have fought the new U. In the final days of negotiations, lawmakers decided to keep the meat labeling rule. So if your meat is from the U.

What's in the trillion-dollar farm bill? Farmers will see less risk; federal government takes on more: The bill dramatically changes 82 years of agricultural subsidies, ending guaranteed payments that farmers receive regardless of their harvest quality or crop prices. But, because those "direct payments" have been in place for generations, many farm values became based on the expectation of government dollars.

Ending them could have wide-ranging effects. To try and mitigate the hit, the farm bill beefs up a different kind of subsidy -- a subsidy for crop insurance. This is complex, but in short, the government will make crop insurance cheaper and it will pay out some benefits at lower levels than previously.

That will make farming less risky for some. But it transfers that risk to the federal government, which could be even more on tap if crop prices plummet or if a disaster hits.