I am a farmer, I decide to sell something to you, a buyer who has a PAN Card. Now we enter into a contract. This contract is between me and you.

But as per the new bill, the government has framed some rules and regulations in such contracts. (1)

One is that you as a buyer have to make a payment to me in three days. On paper this is good news.
But if you don't pay in three days, then government can impose a penalty on you of Rs 25,000/- Thus government comes into play in a contract between two people.
(2)

Now the big challenge is that currently in the markets the buyers pay as per terms negotiated between them and the seller. This normally involves a credit period ranging from 21 days to 45 days. The rates are different for different credit periods. (3)

I may sell it to you at a cheaper rate if you pay cash upfront, as a cash strapped farmer that is good for me. But the flip side is that because I have to get a payment in three days, the number of buyers that can possibly buy from me get reduced. (4)

And as the buyers reduce, those with deep pockets (the crony capitalists) can corner most of the produce at a discounted price. I sell because either I do that or face the uncertainty of getting a payment at all. (5)

This way the farm bill favors those who have deep pockets at the expense of the farmers ability to get a higher price albeit at a slightly later date. (6)
@JhaSanjay, blind bhakts - understand this!

@threadreaderapp unroll please