Contract Farming:

Where We Gain and Lose?

Abstract

Indian agriculture is facing a complex situation in this globalization and liberalization era, than ever before. Farm sector's contribution to National GDP is declining over the years. However, two thirds of the population still depends on agriculture. Further, in this post-economic reform period agricultural sector growth has declined. It clearly indicates that, Indian economic reform process has not boosted the agriculture sector. Enhancing agricultural growth to targeted 4 per cent becomes a very difficult task. Some of the related issues that affect the growth of agricultural sector and implications of contract farming in India are discussed below