What is the new agriculture law, and why are farmers protesting against it?

The new agriculture laws are a set of three laws passed by the Indian Parliament in September 2020, which aim to liberalize and modernize the agriculture sector by allowing farmers to sell their produce outside of government-regulated wholesale markets, and by encouraging private investment in the sector. The laws also provide a framework for contract farming and establish a legal framework for electronic trading of agricultural produce. However, the farmers in India, especially in the states of Punjab and Haryana, have been protesting against these laws since they were passed. They believe that the laws will lead to the dismantling of the existing system of government-regulated wholesale markets, which will leave them at the mercy of private buyers and large corporations. They also fear that the laws will make it easier for corporations to hoard and control essential commodities, leading to inflation and food shortages. The farmers are demanding that the government repeal the laws and come up with new ones that are more favorable to their interests. The protests have been ongoing since November 2020, and the government and the farmers' unions have engaged in multiple rounds of negotiations to try to resolve the issue.

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