Changing Profile of Indian Agricultural Market : A Review in the Light of Farmers' Agitation and Protest Against Central Farm Laws of 2020

Regulated agricultural markets in India are run by the respective State Agricultural Produce Marketing Committee (APMC) with assurance of Minimum Support Price (MSP). The Shanta Kumar Committee in 2015 recommended revisiting this MSP Policy due to various drawbacks thereat. Accordingly, three central legislations have been enacted in 2020 and aimed to reform the subsisting Indian Agri-market. However, these Farm laws of 2020 faced massive protest from a group of Indian farmers as well as from political oppositions. Apparently, the Supreme Court of India stayed implementation of these enactments. Thereafter, the Central Government proposed to hold implementation of these legislations for consecutive eighteen months but several farmers’ unions drastically rejected the same. Consequently, concern deadlock is still subsisting. Thus, this present study aims to reveal the history of farmers’ markets in India, to highlight concern legal provisions, to explore impacts of concern legal mechanisms for the interest of farmers as well as to find out appropriate solutions in this regard