TNPSC Thervupettagam

Law on Contract Farming - First State

October 29 , 2019 1849 days 1434 0
  • Tamil Nadu has become the first State in the country to enact a law on contract farming.
  • President Ram Nath Kovind gave his assent to the Agricultural Produce and Livestock Contract Farming and Services (Promotion and Facilitation) Act.
  • The law would safeguard the interests of farmers during times of bumper crop or when market prices fluctuate.
  • They would be paid a pre-determined price, which had been arrived at the time of signing agreements with buyers.
Implemented by
  • A new six-member body, called the Tamil Nadu State Contract Farming and Services (Promotion and Facilitation) Authority.
  • The Agreements would have to be registered with ‘designated officers’ from the Department of Agricultural Marketing and Agri Business.
Exception
  • Any produce, banned by the Centre or State government or the Indian Council of Agricultural Research, would not be covered under contract farming.

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