Modi’s Reforms Could Help Turn India Into Food-Export Powerhouse

  • New legislation has potential to boost investment and exports
  • Farmers are concerned government may scrap price guarantees

Farmers throws bundles of cut wheat at a field in rural Uttar Pradesh, India, on April 21.

Photographer: Prashanth Vishwanathan/Bloomberg
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Of all the controversial reforms Indian Prime Minister Narendra Modi has sprung on the market, the recent laws to liberalize farm sales could turn out to be the most far-reaching.