Farm laws: Regulation-revolution?—Assessing the need, intent and impact of the new farm laws from an economic perspective

Mehta, Sanjana (2022) Farm laws: Regulation-revolution?—Assessing the need, intent and impact of the new farm laws from an economic perspective. The Indian Economic Journal. ISSN 0019-4662

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Abstract

In September 2020, through a voice vote in the Rajya Sabha, the Indian Parliament passed the infamous three farm bills. This triggered a series of protests and resistance that manifested in one of the world’s biggest displays of dissent. A lot has been said about the intent and potential impact of the farm bills. India is a majorly agricultural economy, so not only do these farm bills hold the potential to disrupt our economy, the protests it has triggered are further indicative of a radical change. This article breaks down the intent of the now-repealed legislation, its potential impact on the economy, positive and negative, and how the resultant protests have impacted a country headed towards a recessionary period. The article marks battles won and lost, and paves a potential path forward.

Item Type: Article
Keywords: Macro Economic Policy | Market Analysis | Policy Analysis | Farm Laws | Economic Policy
Subjects: Social Sciences and humanities > Economics, Econometrics and Finance > Economics
Social Sciences and humanities > Social Sciences > Social Sciences (General)
JGU School/Centre: Jindal Global Law School
Depositing User: Amees Mohammad
Date Deposited: 14 Dec 2022 04:44
Last Modified: 14 Dec 2022 04:59
Official URL: https://doi.org/10.1177/00194662221137265
URI: https://pure.jgu.edu.in/id/eprint/5157

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