Why are India’s farmers protesting? It’s economics

On Tuesday (Jan. 26), thousands of Indian farmers flooded into Delhi, clashing with police and storming the capital’s historic Red Fort, even as prime minister Narendra Modi attended the country’s Republic Day parade not far away. At least 67 people have died in the farmers’ protests, which have stretched for nearly three months in opposition to a set of controversial new farm laws.At the heart of these laws and the roiling protests they have provoked—indeed, at the heart of India’s agricultural economics itself—is the mandi.Translated from Hindi, mandi simply means “marketplace,” but in agriculture, it refers specifically to the kinds of regulated markets seen all over the country: vast, sp

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