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Analysis Study Research Paper | Agricultural Economics | India | Volume 13 Issue 6, June 2024 | Popularity: 5.5 / 10
Contract Farming and Market Development in India: A Review
Sugam Sharma, Prof. S. P. Singh
Abstract: This study tries to evaluate the progress of contract farming in India over the period of time. As the farmers are switching towards the contract farming which reveals that farmers are efficient adaptor of this farming. The tools for the growing associated industrial base, exports and a fair and equitable global system for the farming community needs an agricultural model unconventional workable, "Commitment-driven Contract Farming". The data reveals that several international and Indian companies have already started contract farming in India, while most of them have successfully started operations. However, their success depends on a viable market, physical and social environment and especially the active involvement of government entities that play a key role in contract farming. Overall, the future of Indian contract farming looks bright given the positive trends in the fast-growing middle-class organized retail sector and the food safety requirements of developed country export markets.
Keywords: Contract farming, India, Positive trend, market
Edition: Volume 13 Issue 6, June 2024
Pages: 1455 - 1459
DOI: https://www.doi.org/10.21275/SR24623134049
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