Prof Jagdish Sheth takes a deep dive on the various models of contract farming that have evolved in the US over the past two centuries. If done right, he believes that it can help India exploit its untapped potential in food processing and value added exports. Also, it can enable...
Born in 2020, Indi Farmers believes in directly & ethically sourcing products from technologically empowered farmers and delivering them to the customers’ door steps. Its USPs include practising climate-smart agriculture in accordance with global good agricultural practices, integrated pest management and data driven stringent ICS protocols for optimal MRLs. One...
Prof. Kushankur Dey, Chairman of the Centre for Food & Agri-Business Management of the Indian Institute of Management, Lucknow, feels that institutionalising of electronic trading and transaction of farm produce is a welcome move. The electronic National Agriculture Market (eNAM) should play a pivotal role in price recovery and provide...
Dr Basanta K Sahu, IIFT, believes that the recently passed farm bills have the right intent to improve farm sector performance, but farm reforms need a more comprehensive approach. Considering the constraints, nature and structure of farming and functioning of agriculture markets in India the policy formulation should involve wider...
Prof. C. S. C. Sekhar, Institute of Economic Growth agrees that as contract farming ordinance comes into play, a single small farmer will always be at a disadvantage vis-à-vis a large buyer. The government should encourage agreements by groups of farmers and FPOs so that their interests are protected. IBT:...
The Food & Agriculture Organization defines contract farming as an agreement between farmers and processing and/or marketing firms for the production and supply of agricultural products under forward agreements, frequently at predetermined prices. Contract farming is becoming an increasingly integral aspect of agribusiness. This partnership between agribusiness and farmers has...
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