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Making India's Market a Perfect Market !

Can India become a Perfect Market!

The central government has enacted three agricultural laws for the upliftment of agricultural sector. Prime Minister Narendra Modi and Agriculture Minister Tomar are calling these laws very beneficial for farmers, while farmers class is describing these laws as very harmful for themselves and is demanding from the government that they should withdraw these laws. Topic of my article is not about repealing or enforcing agricultural laws, but why the government came up with three new agricultural laws and why is the peasant class opposing it?

At present, Indian market in the country suffers from a undiscipline, immature, and unhealthy competition. Due to lack of transparency and honesty in the system, the customer and the seller are not loyal to each other. System/customer taking advantage of this system and are playing with the income of farmers (prices of crops), profits of traders, wages of laborers, fees of professional and skilled people. Most of the blood-sweat earnings of all sections of the country are being gifted to this unperfect market. The entire structure of country has brought good profits to average profit and after that from zero to thin margins (equal to none). Income is low and expenses are high. In such a situation, it is becoming difficult for maximum people in market to save their existence. The business structure of the country has become a canker due to the chaotic system.

Surely any reforms by the government and its policy makers, no matter what kind of good policy, every class has been made in the public interest with spirit of upliftment and loyalty, but as soon as the implementation is implemented, this directionless market will see the reverse effect of public. Any reforms by central government/farmer organizations will not reach the farmers directly but go through this directionless market results of these reforms cannot be estimated today. My sense is that government should continue the existing earlier system for the next 4 years. By purchasing wheat and paddy or and any other crops at MSP. This will keep the farmer safe for this period and government policy controllers, farmers and farmer empowerment will get full opportunity to analyze.

Customers, sellers, and all of us together have created a good or bad form of this market and are offering most of our services, wages, profits, income to a unhealthy competition. On the other hand, we are compensating our economic condition by the concessions, subsidies, inducements, loan and loan waiver and MSP, etc. given by State and Center Government. The government is trying to make people self-sufficient. At the same time, government wants to implement reforms/bill for the upliftment of farmers. The impact and pain of this unperfect market is clearly visible in talks of farmers. On the other hand, the farmers are agitating to save their existence and are demanding cancellation of these bills. When we look at this unperfect market with the disagreement of the farmer and government, we will see the whole picture. Today, all problems of our country, the main root of the confrontation between the government and farmers is this perfect storm of un perfect markets. Today, there is money, in the pocket of the indian customer, but the business system of our country has lost the ability to earn that money. Not only farmers, traders, laborers, professionals, people working in business institutions, all sections are looking for ways to get out of this system.

What is the definition of a perfect unperfect market? What negative impact has unperfect market had on our country, countrymen political, economic and social sectors. Had it been a perfect market, what whould be its positive impact on our country. If both the subjects are discussed seriously in the entire country, governments, political corridors, intellectuals, universites, and seminars, all answers of our questions of our country could be found. A complicated question that is not so easy to answer. I want to ask the countrymen whether the whole country cannot just think of creating a perfect market together, but have the coordination and discipline required to implement such a market, while continuously work together to make it a more perfect and lasting market for the benefit of all.
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