Model Contract Farming Act Current Affairs, GK & News

First Meeting of High-Powered Committee of Chief Ministers for Transformation of Indian Agriculture

The High-Powered Committee of Chief Ministers for Transformation of Indian Agriculture held its first meeting. It held deliberations on the following issues: It held discussions on the possibility of linking the adoption of reforms to the Finance Commission’s grants and allocations. The potential scrapping of the Essential Commodities Act for the food sector. Dismantling of ..

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Government releases draft Model Agricultural Produce and Livestock Contract Farming Act, 2018

The Union Ministry of Agriculture and Famers Welfare has unveiled Model Agriculture Produce and Livestock Contract Farming and Services (Promotion & Facilitation) Act, 2018 to ensure better price to farmers. It is aimed at reducing farmers’ risks by creating assured market for their produce at pre-agreed price, while encouraging investment from agribusiness and food processing ..

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