With the meeting between the farmer unions and the government of India remaining inconclusive late Monday night, the 'Delhi Chalo' march kickstarted on Tuesday. Punjab, Haryana, and New Delhi are all braced up to witness Farmers Protest 2.0. Haryana CID report has suggested that over 20 thousand farmers will reach Delhi via their vehicles including tractors, lorries, etc to protest against the Central Government over their multiple demands including a law guaranteeing them MSP. In 2020-21, farmers protested against the Modi Government to repeal the three farm laws that were passed in the parliament. As a result, the Government of India kneeled to farmers' demands and PM Modi himself announced that the three laws would be repealed. As a result, farmers called off their one-year-long protest and finally, Punjab and adjoining states' economies came back on track. Now, with farmers protest 2.0 in the making, the question arises whether Punjab and its adjoining states are ready for it or not.
Farmers Protest 2020-21 dented Rs 3500 crore loss to Punjab and other states every day
Last time, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) issued a report in which it highlighted that the economies of Punjab, Haryana, Himachal Pradesh, and Jammu and Kashmir bore losses to the tune of Rs 3,500 crore every day. Furthermore, ASSOCHAM stated that even though the economies in these states are primarily based on agriculture, other sectors such as food processing, cotton textiles, automobiles, farm machinery, and IT have become their lifeline. Trading, tourism, hospitality, and transport are the other sectors boosting the economy of the region.
