Centre will Soon Finalize Model Contract Farming Law
A senior Agriculture Ministry official said, the Centre will finalize the draft contract farming law in the next few days after incorporating comments from the industry and stakeholders. For stakeholders' comments, a model contract farming Act has been put in public domain.
At an event, National Rainfed Area Authority (NRAA) CEO Ashok Dalwai said, "Suggestions from the industry and stakeholders have already come in. We would be able to harmonize them in the next few weeks."
Dalwai was addressing a national conference on cold chain infrastructure organized by industry body PHD Chamber.
In a statement, he also said that, the contract farming is the way forward as this will help monetize agriculture and horticulture wastage, which at present is substantially higher and once the model law is ready, it will be shared with state governments for adoption.
The government was making serious efforts to replace traditional APMC markets with new model law called Agricultural Produce and Livestock Marketing (Promotion & Facilitation) Act, 2017, said Pawanexh Kohli, National Centre for Cold Chain Development (NCCD) CEO and chief advisor.
Farmers can get remunerative price provided cold chains are integrated through superior marketing logistics and this is the only way through which better pricing could be ensured for farmers, Kohli said.