CONTRACT FARMING

CONTRACT FARMING
IT Professionals + Farmers = Contract Farming
farmers Deaths due to lack of knowledge IT Icons Profits due to knowledge

SHARING OF KNOWLDGE = BETTER SOCIETY

In INDIA major farmers cultivating 2 to 3 acres of land.

They are following traditional ways so they are not yielding good profits

Loan from banks are also very little amounts

By all these They could not supply fertilizers,pesticides and water as and when crop needed

They are daring to get money of higher interest rates for the crop

Even if they did their best in yielding cropThe rates in the market for the crop are decreasingThey are failing in marketing their crops

Some times farmers are living their crops in the fields itselfdue to decrease in rates

Finally some who are completely dependent on crop are leading to sucides

CONTRACT FARMING

multi-national companies are entering into contract farming

company will pay the rate in agreement to the farmer irrespective to the market price

Farmers will supply crop to companies irrespective to the market price

Company will supply seeds,fertilizers,pesticides and updated technologyto the farmer as and when needed

On yielding the crop company will minus its investment and rest of amount is given to the farmer

Company will get a Quality product and satisfies its customers their by increases its profits

Farmers will over come financial and marketing problems and bags the profits

Their are few cases in which agreement of price is broken

LOTS HAVE TO BE DONE TO STRENGTHEN CONTRACT FARMING.