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Millions of India’s farmers fight for their economic lives

As a bit of a comparison, the 2018 Distribution of Federal Payroll and Income Taxes shows 761,000 household taxpayers making up 4 tenths of 1% of all taxpayers having the highest income in the US. I am not sure if we can get it as finite as what India shows in wealth. With a population of ~1.3 billion, the wealth of 831 individuals amounts to 25% of the nation’s GDP. The 831 are calling the shots for farmers in India and the nation.


Millions of India’s farmers are in a fight for their economic lives,” New Europe, Sonali Kolhatkar , December 21, 2020

Dale Coberly, Angry Bear Blog

India’s farmers are revolting against Prime Minister Narendra Modi’s government in a mass movement that has drawn international attention. The world’s largest democracy is witnessing a collective groundswell of protest as hundreds of thousands of farmers, largely from the states of Punjab and Haryana, have laid siege to the outskirts of the capital of New Delhi, determined to occupy the edges of the city until Modi reverses unpopular new laws that they say are anti-farmer.

About half of India’s workers depend on the agricultural industry, and the government has long had in place regulations to protect farmworkers, acting as a middleman between farmers and buyers of their produce. Now those protections have been upended. In September 2020, Modi and his Bharatiya Janata Party (BJP) pushed three deregulatory bills through Parliament amid chaos and even some opposition from within his own party.

Three laws now threaten the likelihood of farmers and subsequently the population’s food supply.