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The IMF believes the farm bills passed by the Indian government have the potential to represent a significant step forward for agricultural reforms, but a social safety net is needed to protect those who might be adversely impacted during the transition to the new system, a spokesperson of the global lender said here.
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ST PTI Washington, January 15, 2021 10:27 IST Updated: January 15, 2021 10:39 IST Share Article PRINT A A A IMF logo is seen outside its headquarters in Washington. File | Photo Credit: Reuters <span>The IMF believes the farm bills passed by the Indian government have the potential to represent a significant step forward for agricultural reforms, but a social safety net is needed to protect those who might be adversely impacted during the transition to the new system, a spokesperson of the global lender said here. Gerry Rice, Director of Communications at the International Monetary Fund (IMF), said the new measures will reduce the role of the middlemen and enhance efficiency. “We believe the farm


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