Key Points
The Indian government has initiated contract farming with farmers in Tamil Nadu, Bihar, Jharkhand, and Gujarat to grow pulses on 1,500 hectares to curb inflation and become self-sufficient..
In light of rising inflation and reduced crop production, this pilot aims to increase pulse production and procurement for buffer stocks.AgenciesRepresentative.
New Delhi: The government, for the first time, has entered into contract farming deals with farmers in states including Tamil Nadu, Bihar, Jharkhand and Gujarat to grow pulses (tur and masur) on 1,500 hectares of farmland...
As per the deal, signed between farmers and the National Cooperative Consumers' Federation of India (NCCF), the farmers will grow tur and masur on their land and the agency will procure a portion of their produce at minimum support price (MSP) or market price, whichever is higher, for the government's buffer stock...
At present, despite the government's commitment to procure the entire produce of pulses growers who have registered themselves, government agencies are not able to meet the procurement targets because of higher prices offered by private players as a decline in production has pushed up prices...
