Live Blog: PM Narendra Modi's address to the nation

The Congress has said that BJP feared defeat in the upcoming state assembly polls and this is what forced Prime Minister Narendra Modi to take back his decision on three farm laws. The party also wants the prime minister to apologize to the farmers for the "pain" inflicted on them.

Centre’s decision comes after over 350 days of agitation by the farmers. We welcome the decision and hope that in future farmers will be roped in when policy decisions related to them are made and that their good is kept in mind: Haryana Deputy CM

This day will be written in golden letters in India's history like Independence Day, Republic Day. It's the victory of democracy, not just farmers'. Government made all efforts to disrupt anti-farm laws protest, called them Khalistani, terrorists, but farmers' didn't give up: Arvind Kejriwal

Supreme Court-appointed farm panel member Anil Ghanwat has slammed the Centre’s decision to repeal the farm laws, calling them regressive. “This is the most regressive step by Prime Minister Narendra Modi, as he chose politics over farmers' betterment,” Ghanwat said. “Our panel had submitted several corrections and solutions over the three farm laws, but instead of using it to solve the impasse, Modi and BJP chose to backtrack. They just want to win elections and nothing else,” he said.

The Bharatiyan Kisan Union's (BKU) Ugrahan faction welcomed Prime Minister Narendra Modi's announcement to repeal the three contentious farm laws."It is a good move by Prime Minister Narendra Modi on the occasion of Gurupurab," Joginder Singh Ugrahan, the leader of BKU's Ugrahan faction, said. BKU(Ugrahan) has been protesting at the Tikri border. Ugrahan faction of the BKU has a huge presence across Punjab.

PM Modi has appealed to the farmers to call off the protest and return homes. He further added that a fresh beginning will be made and new initiatives will be rolled out for the benefit of farmers.

PM Modi has announced that the three farm laws will be repealed. "I have seen struggles for farmers very closely and that is why Krishi Vikas Yojana was given so much importance. Eighty percent farmers in India have less than two hectares of land. This piece of land is source of livelihood for them," PM Modi said.