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New farm reform laws will undercut MSP procurement, Mandi system: Sharad Pawar

As farmers' protest at Delhi borders against the contentious farm reform laws continues unabated, former union minister Sharad Pawar said in a series of tweets that the MSP mechanism should be strengthened further.

January 31, 2021 / 08:35 AM IST
File image: Sharad Pawar

File image: Sharad Pawar

Nationalist Congress Party (NCP) president and former union minister Sharad Pawar on January 30 said the new farm reform laws brought by the Centre will adversely impact the Minimum Support Price (MSP) procurement and weaken the 'Mandi' system.

As farmers' protest at Delhi borders against the contentious laws continues unabated, Pawar said in a series of tweets that the MSP mechanism should be strengthened further.

The new farm laws curtail the powers of Agricultural Produce Market Committees (APMCs or 'Mandis' in common parlance) regarding collection of levy and fees from traders, dispute resolution, agri-trade licensing and regulation of e-trading, he said.

"I am also concerned about the amended Essential Commodities Act," the former union agriculture minister said.