India is predominantly a rural economy. Agriculture and allied sectors presently employ almost half of the country’s total workforce. Development in agriculture is therefore one the most important pillars of socio-economic growth. While efforts are on to increase the emphasis on the modernisation of agriculture with corrective policy changes, the slowdown in agricultural growth in recent years is a cause of concern for our economists in the recent past.
Hands-on, process-oriented approach is needed to meet the challenges of the sector agriculture sector. The emergence of contract farming via revolutionary farm-firm linkages can create unparalleled value addition here. Following announcements by