PM Modi made a landmark announcement of repealing the contentious farm laws on the occasion of Guru Purab (Guru Nanak's birth anniversary). In his address, he pointed out that his administration focusses on the welfare of farmers, small farmers in particular. "I have experienced farmers' difficulties, challenges from very close quarters in my five decades of public life," the prime minister said.
He listed out schemes for the welfare of farmers like Kisaan credit card for fish farmers and pointed out that his government has augmented agri budget by five times with over Rs 1.25 lakh crore being spent annually.
Modi said he introduced the three farm laws with honesty and integrity for the farmers. He said the farm laws would increase the options for the farmers to choose the market for their produce. These laws were planned following close consultation with organic farmers, agri-scientists and agri-economists, he added.