Indian traders and farmers on agitation path. Dark days are coming in India

Indian traders and farmers on agitation path. Dark days are coming in India By Justice Markandey Katju

By Justice Markandey Katju

Apart from the Indian farmers, the Indian traders are also on the agitation path. The Confederation of All India Traders ( CAIT ) has called for  a Bharat Bandh ( All India closure ) on 26th February

https://www.thehindu.com/business/Industry/commercial-markets-across-india-to-remain-shut-on-february-26-traders-body-cait/article33871448.ece

What is the reason for this agitation by Indian farmers and traders ?

To understand this one must know that there is a world economic recession going on. The big international and national corporates have huge amounts of money stacked up with them, and it is in the nature of capital that it seeks avenues for profitable investment.

Presently most of these avenues appear to be closed or considerably restricted. However, there is a huge avenue in the trading and agricultural sector of the Indian economy, which had till late been left largely unexplored by the big corporates. It seems that now they have decided to enter it in a big way.

Just as big sharks eat up the small fish, so also big business eliminates the small businesses. For example, online shopping which has been introduced in India by giant corporates like Amazon has caused great harm to Indian shopkeepers, since people now often do online shopping instead of going to shops. Often the corporates initially sell at prices below that in shops, but after the latter are eliminated they will be raised again. There are millions of employees in these shops, and they may now all face unemployment if the shops close down

The Indian government seems to have become totally subservient to the big international and national corporates, is in their grip, and is obeying their diktats.

The new farmers laws made by the Indian Parliament at the behest of the Indian government are also directed to this end. They ostensibly give farmers freedom to sell their produce wherever they want, and at freely agreed prices, but in fact they are designed to enable the corporates to capture the agricultural sector, and place Indian farmers at their mercy, since a farmer is in an unequal bargaining strength vis-a-vis the corporates, who have huge resources, particularly in the absence of a Minimum Support Price ( MSP ). This has been explained in the article given below :

 ( https://www.hastakshepnews.com/reply-to-the-retired-ifs-officers-supporting-farm-laws-justice-katju/ )

Today’s Indian farmers and traders are not of the old kind. They are educated, and know what is going on.

They have realised that if they do not fight back they will be devoured by the big corporates. This is the real reason why they are on the agitational path. The recent whopping increase in petrol and diesel prices in India is bound to further exacerbate the situation.

Dark days are coming in India

(Justice Markandey Katju is former Chairman, Press Council of India and former Judge, Supreme Court of India.)

Sharing is caring!

Be the first to comment on "Indian traders and farmers on agitation path. Dark days are coming in India"

This site uses Akismet to reduce spam. Learn how your comment data is processed.

shares