Indian farmers defiant against reform as Modi tries to calm anger

2/2

© Reuters. Protest against newly passed farm bills near Delhi

2/2

By Manoj Kumar

NEW DELHI (Reuters) – Thousands of Indian farmers, angry over reform of the agriculture sector, held a third day of protests on the outskirts of the capital on Sunday, blocking roads into the city and defying a government appeal to move to a designated site.

The government on Saturday invited farmers’ union leaders for talks on new legislation to deregulate agricultural but that has not calmed farmers’ anger over what many see “anti-farm laws”, and their action appeared to be spreading.

“We will stay put here today,” said Rakesh Tikait, spokesman of the Bharatiya Kisan Union, one of more than 30 protesting unions, as he and his members blocked a road on the eastern approaches to Delhi.

The farmers object to legislation introduced by Prime Minister Narendra Modi’s government in September that would let farmers sell their produce anywhere, including to big corporate buyers like Walmart (NYSE:), not just at government-regulated wholesale markets where growers are assured of a minimum price.

Small growers worry they will be left vulnerable to big business and could eventually lose price support for staples such as wheat and rice.

Modi sought to allay farmers’ concerns on Sunday.

“From these reforms, farmers will get new rights and opportunities,” he said in his monthly radio address.

But one farm union leader said many protesters were demanding that the government withdraw the laws.

“The farmers’ leaders will meet later on Sunday to decide their response to the government,” he said, referring to the government’s call for talks.

The protests began with farmers from the northern states of Haryana and Punjab on the outskirts of New Delhi on Friday, when police fired tear gas and water cannon in a bid to disperse them. [L1N2ID09V]

But instead farmers from the neighbouring state of Uttar Pradesh joined in over the weekend, blocking roads to the east of the capital.

Media reported protests by farmers in the southern states of Andhra Pradesh, Tamil Nadu and Kerala on Saturday.

Prices of fresh produce prices at wholesale markets in the city began to tick up and commuters have faced travel disruption.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Admin

Leave a Reply

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