As per latest reports, the Supreme Court paused the three controversial laws at the core of agriculturalist objections. Following the declaration, President Ram Nath Kovind stated that it will respect the order.
The administration is making attempts to tackle reservations over the rules, Mr Ram Nath Kovind told parliament in his traditional budget session speech that got rejected by 19 opposition parties in favour of the agriculturalists' demand that the three rules be cancelled.
While addressing a combined sitting of parliament during the first day of the Budget session, Mr Ram Nath Kovind also criticized as "very unfortunate" the fierceness during January 26 tractor march by agriculturalists in the national capital.
"Farmers recently carried out a tractor rally. However, there was violence during the protests and there were incidents of insult to the national flag at Red Fort on Republic Day. This was very unfortunate," President Mr Kovind stated.
"If the Constitution gives us the right to freedom of expression, it also reaches us to take laws and rules seriously," he said.
On the farm rules, he stated that they got cleared after wide-ranging discussions and had "directly profited" 10 crore small growers.
"Today there are more than 80 per cent small farmers, who number over 10 crores. The biggest beneficiaries of the new farm laws are these small farmers. They immediately started benefiting from these agricultural reforms," said President.
During the speech, some opposition MPs such as Congress's Ravneet Singh Bittu and Rashtriya Loktantrik Party's Hanuman Beniwal started raising the slogans including ''Jai Jawan Jai Kisan'' and demanded that the laws be cancelled.