On the one hand, farmers' agitators are celebrating prime minister narendra Modi's withdrawal of agricultural laws. Economists, on the other hand, are disappointed with the PM's decision.
Will repeal of farm laws tarnish the image of narendra Modi
In an interview, Gurcharan Das, a supporter of agricultural reforms, said, "I am deeply saddened by the decision of the Prime Minister. I am sad and disappointed.
In my opinion, power has won and the economy has lost. elections are to be held in Uttar Pradesh. "People in the government are afraid of what will happen if the farmers do not listen."
Overseas groups seeking economic reform in india feel that the Prime Minister's decision is a victory for the farmers. But this decision has raised questions about agricultural reforms.
Alexander Hazel, a professor of agriculture at Wageningen university and a research center in the Netherlands, told: "India needs reforms in the land and labor sectors. There needs to be reform in agriculture as well.
According to Gurcharan Das, author of india Unbound, "The issue of reform in the agricultural sector is now on the back burner. This is a major setback for prime minister narendra Modi. It has tarnished his reformist image.
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