Farm Laws 2020 : Corporates had an eye on massive food grain market of India and the farmers land. They had few problems:

Problem 1 :
States had different rules & regulations (as agriculture is a state subject), to buy food grains from farmers. It was difficult for corporates to handle so many states with so many different regulations & taxes.

Modi Solution:
Took control from states and made 1 act for whole country. Corporates happy now.

Problem 2:
Corporates will buy crops and store them. But Essential Commodity act will stop them for storing crops for long time, as it increase prices in market.

Modi Solution:
Food crops will not come under Essential Commodity act and can be stored for longer period. Corporates again happy.