Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Indian govt invites protesting farmers for talks on Thursday

Published 11/28/2020, 02:21 AM
Updated 11/28/2020, 11:51 AM
© Reuters. Protest against newly passed farm bills near Delhi

By Danish Siddiqui and Nidhi Verma

NEW DELHI (Reuters) - India's government on Saturday invited leaders of protesting farmers' unions for talks next week to address concerns about new laws which seek to deregulate the country's large agriculture sector.

Farmers arrived in trucks, buses and tractors on Saturday at Delhi's Singhu border with Haryana state and blocked the main northern highway into the capital. They chanted slogans against Prime Minister Narendra Modi's government and waved the red, yellow and green flags of farmer's unions.

The government has deployed hundreds of police and paramilitary forces in response.

"I appeal to the protesting farmers that the government of India is ready to hold talks regarding your problems. Representatives of farmers have been invited on Dec. 3 for a discussion," Home Minister Amit Shah said in a statement on Saturday.

The offer came a day after clashes ended with an agreement that the farmers could demonstrate in the capital, amid protests over laws that farmers fear could rob them of minimum guaranteed prices for their produce.

Shah appealed to the farmers, who appeared ready for a long sit-in, to hold their protest at an allocated site in north Delhi, where toilet facilities, drinking water and ambulances have been arranged.

He said farmers' unions wanted to hold discussions before Dec. 3. "I want to assure you all that as soon as you shift your protest to structured place, the government will hold talks to address your concerns the very next day".

On Friday, police fired tear gas and water cannons to disperse the protesters before letting them march into the capital. [L1N2ID09V]

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Both security forces and farmers have installed barricades to prevent a repeat of Friday's clashes.

Harbhajan Singh, 75, from Amritsar in the major northern farming state of Punjab, said he and others were carrying provisions and were prepared to camp out.

"We have been harassed by the government. We want a special parliament session for withdrawal of the new farm laws," Singh said, adding he hopes farmers from other states will join the protests to pressure the government.

Opposition Congress Party leader Rahul Gandhi also slammed the government.

"Our slogan was, 'Hail the Soldier, Hail the Farmer,' but today PM Modi's arrogance made the soldier stand against the farmer. This is very dangerous," Gandhi tweeted in reaction to a photo of a policeman attempting to hit a farmer with a baton.

Modi's laws, enacted in September, let farmers sell their produce anywhere, including to big corporate buyers like Walmart (NYSE:WMT) Inc, not just at government-regulated wholesale markets where growers are assured of a minimum procurement price.

But many small growers worry they will be left vulnerable to big business and could eventually lose the price supports for key staples such as wheat and rice.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.