Controversial farm laws repealed

Prime Minister Narendra Modi declared on Friday that the Centre will repeal all three farm laws, and those protesting farmers should return to their homes, in a historic decision. This comes nearly a year after farmers in Delhi and across the country squatted in protest of three unpopular agriculture policies. The laws will be removed by the end of the month in Parliament's Winter Session, according to Modi.

The announcement comes on Gur Purab, the birth anniversary of Guru Nanak, the founder of Sikhism.

The prime minister claimed that the BJP-led Centre had failed to persuade farmers, adding that some of them remained opposed despite the government's efforts to educate and inform them.

"We did our best to explain everything to the farmers.  We were even willing to change or suspend the laws.  The case was also heard by the Supreme Court " added the PM.

"We haven't been able to adequately convey our situation to our farmers. This is not the time to point fingers. I'd like to inform you that the farm laws have been reinstated. The farm laws are being repealed "The prime minister went on to say that the Centre will withdraw all three bills in Parliament's next winter session. 

The PM added "Farmers have been compensated in the amount of Rs. 1 lakh crore. It is expected that Bima and a pension will be granted. Farmers have received direct benefit transfers as well "

In order to improve MSP efficiency and address other difficulties, the government has also chosen to establish Zero Budget Natural Farming. "A committee will be constituted, which will include representatives from the Centre, States, farmers, scientists, and economics. Our government will keep working for farmers " said the prime minister.