We are engaged in
Contract farming
which is defined as a system for the production and supply of
agriculture/horticulture produce under forward contract between
producers/suppliers and farmers. The essence of such an arrangement is the
commitment of the producer/seller to provide an agriculture commodity of
certain type at a time and in the quantity required by a known and committed
buyer. Farmers are required to plant the contractors crop on his land and to
harvest and deliver to the contractor a quantum of produce based upon
anticipated yield and contracted acreage. This could be at pre-agreed price.
To establish an agrarian economy that ensure food and nutrition security to
a population of over a billion, raw material for its expanding industrial
base, surplus for export and a fair and equitable rewarding system for the
farming is no doubt a reliable alternative farming model which provide
reliable input service to farmers and desired farm produce to the
contracting firms. Several Indian and multinational companies have already
began such initiative in India and have demonstrated repeated success.
Benefits
The existing literature on contract farming identifies several major areas where
contract farming can provide benefits. From the point of view of farmers,
contract farming can provide access to markets, credit, technology and
inputs that they would otherwise be excluded. Moreover, contract farming can
lead to improvements in income reducing some of the risk farmers' face from
production and price fluctuations. From the point of view of purchasers,
contract farming provides greater control over volume and quality
consistency; to a certain extent, it can also lower certain transaction and
production costs that purchasers face.
Mother Herbs and Contract farmingWe do contract farming of-
» Rouwolffia serpentina in Orissa that covers 5 acres land.
» Rose petals cultivated in U.P over 7 acres land.
» Mentha Spicata in U.P covering 3 acres of land.
» Lemon grass in U.P covering 10 acres of land.
» Ocimum sanctum in TN covering 4 acres of land.
» Chamomile matricaria covering 2 acres of land area.
We supply the farmers with selected input including technical advice
required for cultivation. The use of improved varieties and the availability
of the knowledge pool resulted in the drastic boom in the production. We
supply farmers with the basic necessities like Food, shelter, clothes, money
and medicines and provide them assured product security.
We are trying to closely work with the Govt. of India to tender forest to
us on lease. This will help us control the harvesting and drying process of
wild crafted herbs.