Local stocks finished in the red on Wednesday, following aRead more...
The Union Cabinet on Wednesday approved the central government’s proposal to repeal the three contentious farm laws, sources said
The Farm Laws Repeal Bill 2021 was taken up by the Union Cabinet at a meeting earlier in the day and given the stamp of approval. The Union Ministry of Agriculture is said to have finalised this Bill after holding consultations with the Prime Minister’s Office (PMO).
The Farm Laws Repeal Bill, 2021 is aimed at rolling back three Bills passed into law last year – Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020, Farmers’ (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act, 2020 and Essential Commodities (Amendment) Act, 2020.