Trading Bells
  • Home
  • Latest News
  • Email Whitelisting
  • Privacy Policy
  • Home
  • Latest News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Trading Bells
No Result
View All Result
Home Latest News

India will scrap three controversial farm laws, Prime Minister Narendra Modi says

by
November 19, 2021
in Latest News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

Turkey formally approves Finland’s NATO membership, in setback for Russia

Disney blocks Ron DeSantis’ Florida power play with a royal family clause

A farmer cuts paddy crop in the Medak district, near Hyderabad, India on November 11, 2021.

Noah Seelam | AFP | Getty Images

India will scrap three laws that farmers have protested against since last year, Prime Minister Narendra Modi announced Friday.

“Today, I am here to tell you, and the whole country, that we have decided to take back, to repeal, the three agriculture laws,” Modi said, according to a CNBC translation of his remarks in Hindi.

He added that the government will begin the constitutional process in parliament later this month to repeal the laws.

The Indian parliament passed those laws in September 2020. The reforms would have chipped away at some of the rules that have protected India’s farmers for decades and would subject them to unfettered free-market mechanisms where competition would be high.

Agriculture is the primary source of livelihood for about half of India’s 1.3 billion population but accounts for only around 15% of GDP.

The government has met farmer representatives several times since last year but the negotiations have not led to any breakthroughs.

Thousands of farmers have protested the measures, arguing that the new laws would lower crop prices and hurt their earnings. In January, protesters clashed with police in New Delhi which resulted in the death of at least one demonstrator, Reuters reported.

India’s supreme court stayed the implementation of the farm laws this year.

This is breaking news. Please check back for updates.

ShareTweetPin

Related Posts

Turkey formally approves Finland’s NATO membership, in setback for Russia

by
March 31, 2023
0

Turkish President Recep Tayyip Erdogan (R) and Finnish President Sauli Niinisto (L) deliver a joint press conference held after their...

Disney blocks Ron DeSantis’ Florida power play with a royal family clause

by
March 31, 2023
0

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Cinderella Castle in Walt Disney World. Roberto Machado Noa |...

More home sellers are sitting out of the spring housing market

by
March 31, 2023
0

A for sale sign is posted in front of a home for sale on February 20, 2023 in San Francisco,...

Peloton shares are on the up — but will it last? Here’s what Wall Street thinks

by
March 31, 2023
0

Shares of Peloton Interactive are making a comeback, with the stock up by 30% this year. But many investors who...

Ford hikes prices on its F-150 Lightning as production resumes after EV battery fire

by
March 31, 2023
0

In this article FF Follow your favorite stocksCREATE FREE ACCOUNT Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle...

Next Post

Tesla Stock Price Target Hiked To Street High As House Eyes New EV Credits

Hong Kong's Hang Seng slips as Alibaba shares drop 10% after disappointing earnings

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:

By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • A Couple Stored IRA Gold at Home. They Owe the IRS More Than $300,000.

    0 shares
    Share 0 Tweet 0
  • A California Couple Spent Eight Years Building Their Dream Retirement Home in Costa Rica

    0 shares
    Share 0 Tweet 0
  • Goldman Sachs says buy these stocks to play Web 3.0 and the metaverse

    0 shares
    Share 0 Tweet 0
  • Goldman Sachs picks new stocks to buy — and says these 5 have over 100% upside

    0 shares
    Share 0 Tweet 0
  • In his final warning, this stock trading wizard — who made big money in bear markets and crashes — called this market a bubble like no other

    0 shares
    Share 0 Tweet 0
  • Home
  • Latest News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by www.trading-bells.com
No Result
View All Result
  • Home
  • Latest News
  • Email Whitelisting
  • Privacy Policy

All rights reserved by www.trading-bells.com