Insights on Contract Farming in India

Aug 31, 2024

Notes on Contract Farming in India

Introduction

  • Speaker: Deepak Thakur
  • Topic: Contract Farming in India
  • Focus on recent government ordinance related to contract farming.

What is Contract Farming?

  • Contract farming involves an agreement between a producer (farmer) and a buyer (often in the processing industry).
  • Types of contracts:
    • Loose Buying Agreement: Farmer can sell produce elsewhere, but buyer has first preference.
    • Simple Purchase Agreement: Defined quantity of produce to be provided after a specified time.
    • Supervised Production with Input Provisions: Buyer supervises production, provides seeds, loans, and covers risks. Farmer produces under buyer's guidance.

Elements of Contract Farming

  • Pre-agreed Price: The price at which the produce will be sold is defined in the contract.
  • Quantity Specification: Defined quantity of produce expected from the farmer.
  • Time of Purchase: When the buyer will purchase the produce is mentioned.
  • Contracts can be oral or formal written agreements.

Need for Contract Farming

  • Farmers can benefit from guaranteed buyback and fixed prices, preventing loss during price drops.
  • Buyers benefit from consistent, high-quality produce without extensive market searching.
  • Small farmers gain access to technology, loans, and marketing channels.
  • Reduces production risks, price volatility, and marketing costs.

Benefits of Contract Farming

  • For Farmers:

    • Guarantee of sale and price.
    • Access to technology and financial support.
    • Improved production guidance and reduced marketing costs.
  • For Buyers:

    • Consistent supply of quality produce.
    • Reduced procurement costs.

Case Study: Saab Miller India

  • Needed 75 tons of barley, previously used for animal feed.
  • Innovatively bypassed APMC restrictions by providing farmers with certified seeds and training.
  • Direct contracts with farmers improved supply chain.

Government Ordinance on Contract Farming

  • Title: Farmers Empowerment and Protection Agreement for Price Assurance and Farm Services.
  • Key changes:
    • Farmers can directly contract with buyers, bypassing APMC.
    • Removal of restrictions on direct sales to buyers.
    • Enhances competition among buyers, benefiting farmers.

Changes Enforced by the Ordinance

  • Removal of Uncompetitive Practices: Farmers can sell to multiple buyers, avoiding exploitation by a few traders.
  • Quality Assurance: Ensures quality, quantity, and price for both parties.
  • Intermediary Limits: Reduction in reliance on middlemen.
  • Dispute Resolution: Allows disputes to be resolved through the Sub-Divisional Magistrate (SDM) instead of traditional court systems.

Concerns Raised

  • Increased governmental power in dispute resolution may affect contract privacy.
  • Potential for misinterpretation of contract terms by the SDM.

Conclusion

  • The ordinance aims to improve contract farming in India but faces challenges in implementation at the state level.
  • Ongoing opposition and practical application will determine its effectiveness.
  • Importance of staying informed about agricultural reforms.