The main benefits of the farm laws passed by the Indian government in September 2020 are:
They allow farmers to sell their produce outside of government-regulated wholesale markets, also known as "mandis," which supporters of the laws argue will increase competition and lead to better prices for farmers. They allow farmers to enter into written contracts with agribusiness firms, processors, wholesalers, exporters, and large retailers, which supporters of the laws argue will give farmers more certainty about prices and reduce the risk of losses.
They remove certain commodities from the list of essential commodities, which supporters of the laws argue will reduce the government's ability to control prices and will encourage private investment in the agricultural sector.
