TIL Desk/Business/New Delhi/ Leaders of India Inc, who had come out in support of the farm laws last year, have said the sector needs reforms to improve farmers’ incomes. The government’s decision to form a committee to address concerns would go a long way towards identifying the actual pain points of farmers, they said.
“The laws were anyway under abeyance as per the court directives. There is a need for reform in the area of farming to improve the realisation of farmers so that it remains remunerative,” said Varun Berry, managing director of food major Britannia Industries. “The focus should be on improving access to credit insurance for farmers and availability of infrastructure to improve productivity to minimise wastages after the harvest,” Berry said.
Executives said the laws were enacted for the benefit of farmers and not for industry to make more profits. “If we want our next generation to have sufficient nutritious and safe food at affordable price and want to become self-sufficient in food as a country then we need to encourage the next generation of farmers to continue in farming by paying remunerative prices for farm produce,” said R S Sodhi, managing director of food and dairy products major Amul.
