Agri laws will attract investment in farm sector, help increase farmers’ incomes: PM Modi

WITH the farmers remaining firm on their demand for repealing three farm laws, Prime Minister Narenda Modi defended the  reforms in the agriculture and allied sectors saying these are intended to give farmers new markets, access to technology and help bring long awaited and much needed investments in agri business. Delivering the inaugural address at the Federation of Indian Chambers of Commerce and Industry’s 93rd Annual General Meeting (AGM) in Delhi on Saturday, December 12,  PM Modi said the government is focussed  on India’s economic recovery and  reforms to aid the process. Referring to the three Agriculture reforms okayed by Parliament being opposed by farmers, PM Modi said that the reforms have been undertaken to benefit the small farmers in India who now have the option to sell their produce anywhere across the country. He also asked the private sector to step up and help the Indian farmers to boost his produce, increase his income and strengthen the agriculture sector in India. Agriculture and allied sectors such as food processing, storage, and cold chain, have had barrier between them but these are being taken down now.”  India’s agriculture sector lacks support of the private sector. The more support farmers get the better their produce will be,’ he added. India’s strength is out large talent pool and we can leverage this to become key player in global value chains, said  N Chandrasekaran, Chairman of Tata Sons. The pandemic only accelerates this opportunity for India, he added. ’If we need to realise the idea that 2020 belongs to India, we need to enable talent, data and bandwidth, said Chandrasekaran .FICCI’s AGM, is a high-powered event eagerly awaited by biggies from various sectors of industry across the globe, diplomats, and policy makers. FICCI’s 93rd AGM is based on the theme ‘Inspire India’ and  key dignitaries such as Satya Nadella of Microsoft, Union Home Minister Amit Shah, Minister for Finance and Corporates Nirmala Sitharaman ,  Harsh Pati Singhania, Vice Chairman & Managing Director ,JK Paper Ltd, Pankaj Patel, Chairman Cadila Healthcare Ltd, Sandip Somany, Immediate Past President, FICCI, Vice Chairman & Managing Director HSIL Ltd, are among other global industry captains listed to  update the  nation through the event about the efforts being made to put the Covid-19 induced economic on the rail and taking it forward.