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Sustainability Concerns about Contract Farming on Small and Marginal Farmers

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Indian Journal of Economics and Development
Volume 16 No. SS, 2020, 544-547
DOI: https://doi.org/10.35716/ijed/NS20-072
Indexed in Clarivate Analytics (ESCI) of WoS

Pranav Kumar Anand

Assistant Professor, Department of Economics, Baba Saheb Bhimrao Ambedkar University (BBAU)
Central University, Raibareily Road, Lucknow-226 025

E-mail: pranavanand78@gmail.com

ABSTRACT
Agriculture, in India, contributes a significant role to the Gross Domestic Product (GDP). Sustainability concerns of agriculture, in terms of food security, employment opportunity in rural areas is indispensable. Furthermore, concerns and regulatory mechanism about contract farming and its impact on contracting farmers and non-contract farmers, especially on small and marginal farmers (SMFs) are essential to address for overall rural development at grassroots level. Since, contract farming practices promote mono-cropping pattern of produce, over- fertilisation, it tends to negative and positive concerns on people and prosperity of different section of society differently at different regions.

Keywords
Contract farming, MNCs, small and marginal farmers, sustainability concerns.

JEL Codes
Q14, Q15, Q16, Q18.

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