The working group on risk management in
Download 0.68 Mb. View original pdf
|
| Contract Farming ΓΌ Contract farming is structural issue in terms of agriculture production and marketing. Its chief aim is to bring the management of agriculture inline with the best practices of agricultural production. The suggestions made in using contract farming as important risk mitigation tool are: Contract farming should be popularised as an alternative risk management ix instrument. Facilitation of contract farming requires support in terms of changes in legislation e.g. APMC Act, mechanism to resolve conflict and providing quality control facilities. While designing flexible forms of pricing, combining insurance and futures as well, may make it more attractive to the farming community. Education, training and awareness building, on contract farming should be provided extensively to companies, government agencies as well as farming communities. The processor/procurer in the contract farming arrangement needs to be responsible for effective backward and forward linkages, keeping in view the interests of the farmers, as well as the business interest of the processor. The processor should provide the technology, planting material, credit and package of practices to the farmers Bio-fuel tress like Jatropha to be encouraged for higher farm incomes and rural energy security Download 0.68 Mb. Share with your friends:
|