Record Details

Contract Farming: Conceptual Framework and Indian Panorama

Journal of Economics and Business Research

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Title Contract Farming: Conceptual Framework and Indian Panorama
 
Creator Chakrabarty, Amit Kumar
 
Description This paper deals with conceptual framework of contract farming and portrays Indian scenario especially after announcement of National Agricultural Policy (2000) which encouraged private participation through contract farming. The conception of contract farming is not new in India, but it gets momentum in the era of agricultural globalization, as an alternative method of farming. The study reveals that while contract farming can be effective in introducing new technologies and providing external inputs to farmers, danger lies in firms extending technologies that bring financial benefits in the short-term but result in negative long-term health and environmental impacts. Contract farming is not appropriate for all types of crops. To have a significant poverty impact, crops produced under contract farming should be labour-intensive rather than input-intensive and should be appropriate for production on small plots of land. Since the contracting company is financially stronger than individual farmers, the terms of the contract may go against the farmers. Herein the government will have to come forward.
 
Publisher Journal of Economics and Business Research
 
Contributor —
 
Date 2015-01-06
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.uav.ro/jour/index.php/jebr/article/view/432
 
Source Journal of Economics and Business Research; Vol 21, No 1 (2015): J of Economics & Business Research; 25 - 42
 
Language eng
 
Relation http://www.uav.ro/jour/index.php/jebr/article/view/432/pdf_148