ISSN: 2329-888X
+44 1300 500008
Sudipta Ghosh
India
Review Article
Contract Farming: A Boon to Farmers
Author(s): Shiv Pratap Singh, Sudipta Ghosh, Aklank Jain, Lakhani GP and Baghel RPS
Shiv Pratap Singh, Sudipta Ghosh, Aklank Jain, Lakhani GP and Baghel RPS
Farming is an age-old means of livelihood for millions of India’s small and marginal farmers. Contract farming has been in existence for many years as a means of organizing the commercial agricultural production of both large– scale and small–scale farmers. In an age of market liberalization, globalization and expanding agri-business, there is a danger that small-scale farmers will find difficulty in fully participating in the market economy. In the era of globalization, the concept of ‘Contract farming’ is an effective way to co-ordinate and promotes production and marketing in agriculture. “Contract farming can be defined as an agreement between farmers and processing or marketing firms for the production and supply of agricultural products under forward agreements frequently at predetermined prices.”
Sustained income growt.. View More»
DOI:
10.4172/2329-888X.1000124