As with any new initiative, the country’s dalliance with contract farming so far has been a mixed experience. If there have been stellar successes stories in some cases, there have been instances of stark failures as well. But failures are the stepping stones for future success. Learning from the mistakes of past, the process needs to be streamlined and refined further.
No one should be in doubt that Contract Farming is a commercial activity and should be seen as such. Any element of political or social concern rather than technical and economic realities is likely to derail the process.
Small and marginal farmers in India are likely to face difficulties in fully participating in the market economy in the face of growing liberalization, privatization and globalization of agribusiness, if they work alone. They will also not be able to reap the benefits of economies of scale.
Standard & Poor’s concept of Corporate Governance Scores (CGS) seeks to express the rating agency’s opinion about the extent to which a company adopts and conforms to codes and guidelines of good corporate governance practices that clearly serve the interests of its financial stakeholders; the rating is on a scale from CGS-10 (highest) to CGS-1 (lowest).
Virat Kohli, the versatile cricketer, is new test captain of Team India. He has been carrying out the role of vice-captain for some time and his mettle with captaincy has been proved recently with stipulating superb performances of Indian cricket team against SriLanka in home series one day…
Food insecurity advances to food riots. It is affecting the commonplace man and sense of insecurity of foods is on the rise. An elongated state of food insecurity can lead to a high degree of dissatisfaction among citizens. Poverty and food insecurity is interconnected. Food insecurity depends upon peripheral and internal factors.