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DAILY NEWS ANALYSIS
17 May, 2020
8 Min Read
With a view to integrating farmers with bulk purchasers including exporters, agro-industries etc. for better price realization through mitigation of market and price risks to the farmers and ensuring smooth agro raw material supply to the agro-industries, a “Model Contract Farming Act” has been prepared by the Ministry of Agriculture & Farmers Welfare for circulation to the States for its adoption.
Farmer’s producer organizations (FPO’s) have a major role in promoting Contract Farming and Services Contract. On behalf of farmers they can enter into agreement with the sponsor.
Salient features of Model Contract Farming Act, 2018
It is a promotional and facilitative Act and not regulatory in its structure.
Source: VIKASPEDIA
16 May, 2020
10 Min Read
Model Contract Farming Act, 2018
With a view to integrate farmers with bulk purchasers including exporters, agro- industries etc. for better price realization through mitigation of market and price risks to the farmers and ensuring smooth agro raw material supply to the agro industries, a “Model Contract Farming Act” has been prepared by the Ministry of Agriculture & Farmers Welfare for circulation to the States for its adoption.
Farmer’s producer organizations (FPO’s) have a major role in promoting Contract Farming and Services Contract. On behalf of farmers they can enter into agreement with the sponsor.
Title of the Act
The final Model Act is titled "The State/UT Agricultural Produce and Livestock Contract Farming and Services (Promotion & Facilitation) Act 2018".
Salient features of Model Contract Farming Act, 2018
Source: PIB/VIKASPEDIA
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