An existential threat to Indian farmers
Farmers protest at the Delhi Singhu border in Delhi, India. Getty images |
What these laws would basically do is to replace the market that is ran and protected by committees of traders and land owners with a free market where farmers will have neither control over the circulation of their products, nor the market values. In the long run, this would result to self-indenturement of farmers to billionaires sitting in Delhi and buying stocks in the US.
And there is always IMF as a hegemonic force from outside that offers its prescriptions. It is always there to advocate and support any offense a government commits against its citizen. It does not only co-opt neoliberal elites for enforcing their ideals but also crafts and promotes hegemonic norms, especially in developing countries where they are left with no choice but unconditional surrender.
The worse part of these laws is that it does not offer any future to farmers who may eventually lose control over their lands. Right now, millions of people work on farms, what will happen to them when their farms are taken by corporations? It is obvious that they will be replaced by a reduced number of workforce that’s also cheap, and that is what big corporations always do otherwise they can’t make surplus profit. At the time when the India's unemployment is at its highest rate, what opportunities will be available to these farmers who have no other skills than farming? There is not much prospect that these laws would do anything positive but to harm and exploit the lands whose farmers’ livelihood depends upon.