The recently introduced Farm Laws in India highlight a paradox within the basic characteristics of the nation such as socialism and democracy and the new age legislators who seem to have forgotten about the state’s responsibility for the welfare of its people. A shift towards neo-liberal governmentality can be reflected from these reforms in the farming sector. The complexities involved in Indian Agricultural Markets are governed by various political and economic factors. Progress in understanding these complexities can be made by referring to the theory of Social Contract as propounded by various jurists. The validity of the reformation in farm sector has to be derived from jurisprudential studies clubbed with reality.