On 17 th September 2020, Lok Sabha passed the three farm laws - (i) Farmer's Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020; (ii) Farmer's (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020; (iii) Essential Commodities (Amendment) Bill, 2020 - followed by the Rajya Sabha on 20 th September 2020. The President of India, Ram Nath Kovind, gave his assent on 27 th September 2020. First bill relaxes restrictions governing purchases and sale of farm produce, the second relaxes restrictions on stocking under the Essential Commodities Act (ECA), 1955, and third introduces a dedicated legislation to enable contract farming based on written agreements. Status of Agriculture in India Agriculture in India is without a doubt, one of the most pertinent sectors of the Indian economy. Contributi...