The Biden administration is supportive of the Indian government's move to reform the agricultural sector that attracts private investment and greater market access to farmers, a State Department spokesperson said: "In general, the United States welcomes steps that would improve the efficiency of India's markets and attract greater private sector investment". "We recognise that peaceful protests are a hallmark of any thriving democracy and note that the Indian Supreme Court has stated the same," the official said.
Defending the three contentious agri laws, the MEA said: "These reforms give expanded market access and provided greater flexibility to farmers. They also pave the way for economically and ecologically sustainable farming."Recently, the International Monetary Fund (IMF) said India's new farm laws have the "potential to represent a significant step forward" for reforms in the agriculture sector. "We believe the farm bills do have the potential to represent a significant step forward for agricultural reforms in India. The measures will enable farmers to directly contract with sellers, allow farmers to retain a greater share of the surplus by reducing the role of middlemen, enhance efficiency and support rural growth," IMF Communications Director Gerry Rice has said.
Newsinc24 Team





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