Model Contract Farming Act - Committee working on it: Minister
By TIOL News Service
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NEW DELHI, AUG 09, 2017: AS a follow-up of the announcement made in the Union budget 2017-18, Ministry of Agriculture and Farmers’ Welfare has constituted a Committee on 28.02.2017 to formulate a Model Contract Farming Act for adoption by the States. This Model Act on Contract Farming would address the constraints in promoting contract farming in a holistic manner by the States.
The agriculture and allied sector road map endeavours growth of agriculture for meeting food and nutrition security of the country.
In order to enhance certified seed production of Pulses, oilseeds, Fodder & Green manure crops in the country, this component has been initiated from 2014-15. Under this component the financial assistance for distribution of foundation seeds at 75% cost of the seeds for pulses, oilseeds, fodder and green manure crops for production of Certified Seeds is available for the farmers.
The above schemes are demand driven and implemented by the States/implementing agencies for benefiting the farmers.
This information was given by the Minister of State for Agriculture & Farmers Welfare, Shri Parshottam Rupala, in a written reply to a question in Lok Sabha, yesterday.
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