NEWS
- 28 April | India to Witness Deadliest Event of World History Mega El Nino Click Here →
- 15 April | The 3-Attempt Strategy No One Talks About | How He Scored 420+ in GS Click Here →
- 30 March | The Honest UPSC Talk Nobody Tells You Click Here to see Abhijit Asokan AIR 234 talk →
Model Law for Contract Farming
News:
- Recently, the government has released a model law for contract farming: Model Agriculture Produce and Livestock Contract Farming and Services (Promotion & Facilitation) Act, 2018
Important Facts:
- Aim:
- Reduce farmer’s risk by providing an assured market for the produce
- Encourage investment from agribusiness and food processing industries
- Key features:
- Applicable to crops, livestock, dairy and poultry products
- Provides for setting up State-level boards to promote contract farming, registering and recording agreements between buyers and sellers
- Provides for setting up of a dispute settlement authority
- Sponsors cannot develop any permanent structure on farmers’ land
- Seeks to keep contract framing outside the ambit of Agricultural Produce Marketing Committee (APMC) Act
