|This paper evaluates the actual state of agricultural markets and existing agricultural market|
regulation in India. It contrasts this with the design of the new “farm laws,” and argues that
those reforms may be misdirected in many respects. The paper makes a case for better
understanding of intermediation, the need for several kinds of public investment, improvements
in production conditions in agriculture, and attention to the broader economic context within
which agricultural marketing reforms occur.
Keywords: agricultural marketing reforms, India, farm laws, APMCs, intermediation,
Farm Laws versus Field Realities: Understanding India’s Agricultural Markets by Shoumitro Chatterjee, Mekhala Krishnamurthy
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Pennsylvania State University and Centre for Policy Research
Ashoka University and Centre for Policy Research