contract

DMPQ: What is contract farming? What are its advantages? (economy)

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Contract farming is a kind of system in which bulk purchaser enters into contract with farmers. It includes agro- processing, exporting and trading units.  They purchase a specified quantity of any agricultural commodity at pre agreed price. Sponsor provides all kind of production support to the contracted farmers. This include extension service also.     … Read more DMPQ: What is contract farming? What are its advantages? (economy)

DMPQ:What is contract farming? Why there is a need of contract farming?

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Contract farming is agricultural production carried out according to an agreement between farmers and a buyer, which places conditions on the production and marketing of the commodity. Contract farming (CF) is defined as forward agreements specifying the obligations of farmers and buyers as partners in business. Legally, farming contracts entail the sellers’ (farmers’) obligation to … Read more DMPQ:What is contract farming? Why there is a need of contract farming?