Quick review of Farm Bill 2020

Farmers—

Medium term: Win

Long term: Big win (in theory). However, farmers need to be alert because corporate firms are smart people and farmers also should become smart to maintain a win-win situation.

Different types of middlemen—

Medium term: Loss

Long term: Loss

Consumers—

Medium term: Win

Long term: Win (in theory)

Retail corporate firms and export corporate firms—

Medium term: Win

Long term: Win

Note: 

1) Farm Bill 2020 is the popular name given to the actual bills:

    a) Farmer's Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020,and

    b) Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020.

2) Medium term — Next 5 years. Long term — after 6 years and beyond