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IMF sees potential of significant reforms in new farm bill but calls for protecting those affected

Shortpedia

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The International Monetary Fund has praised the newly passed farm laws in India but has also called protecting those "who might be adversely impacted during the transition to this new system." "We believe the farm bills do have the potential to represent a significant step forward for agricultural reforms in India," said IMF communications director Gerry Rice. Rice said ensuring social safety was crucial.