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Consider the following statements regarding Model Contract Farming Act:
It considers farmers the weaker of the two parties entering into the contract.
No permanent structure can be developed on farmer’s land.
Which of the statements given above is/are Correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
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Consider the following statements regarding Model Contract Farming Ac...
Option (c) is the correct answer.
With a view to integrate farmers with bulk purchasers including exporters, agro- industries etc. for better price realisation through mitigation of market and price risks to the farmers and ensuring smooth agro raw material supply to the agro industries, Union Finance Minister in the budget for 2017-18 announced preparation of a “Model Contract Farming Act'' and circulation of the same to the States for its adoption. Farmers producer organisations (FPO’s) have a major role in promoting Contract Farming and Services Contract. On behalf of famers they can enter into an agreement with the sponsor.
Salient features of Model Contract Farming Act, 2018 are:
- Statement 1 is correct. The Act lays special emphasis on protecting the interests of the farmers, considering them as the weaker of the two parties entering into a contract.
- In addition to contract farming, services contracts all along the value chain including pre-production, production and post-production have been included.
- “Registering and Agreement Recording Committee” or an “Officer” for the purpose at district/block/ taluka level for online registration of sponsor and recording of agreement provided.
- Contracted produce is to be covered under crop / livestock insurance in operation.
- Contract framing to be outside the ambit of APMC Act.
- Statement 2 is correct. No permanent structure can be developed on farmers’ land/premises.
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Consider the following statements regarding Model Contract Farming Ac...
Explanation:
Statement 1: It considers farmers the weaker of the two parties entering into the contract.
- This statement is correct as the Model Contract Farming Act aims to protect the interests of the farmers who are often in a weaker bargaining position compared to the companies they enter into contracts with.
Statement 2: No permanent structure can be developed on the farmer’s land.
- This statement is also correct as the Act prohibits the development of any permanent structures on the farmer's land, ensuring that the land ownership remains with the farmer and cannot be encroached upon by the contracting company.
Therefore, both statements 1 and 2 are correct. The Model Contract Farming Act is designed to safeguard the rights and interests of farmers and ensure fair and equitable contractual agreements between farmers and companies.
Statement 1: It considers farmers the weaker of the two parties entering into the contract.
- This statement is correct as the Model Contract Farming Act aims to protect the interests of the farmers who are often in a weaker bargaining position compared to the companies they enter into contracts with.
Statement 2: No permanent structure can be developed on the farmer’s land.
- This statement is also correct as the Act prohibits the development of any permanent structures on the farmer's land, ensuring that the land ownership remains with the farmer and cannot be encroached upon by the contracting company.
Therefore, both statements 1 and 2 are correct. The Model Contract Farming Act is designed to safeguard the rights and interests of farmers and ensure fair and equitable contractual agreements between farmers and companies.
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Consider the following statements regarding Model Contract Farming Act: It considers farmers the weaker of the two parties entering into the contract. No permanent structure can be developed on farmer’s land. Which of the statements given above is/are Correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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Consider the following statements regarding Model Contract Farming Act: It considers farmers the weaker of the two parties entering into the contract. No permanent structure can be developed on farmer’s land. Which of the statements given above is/are Correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Model Contract Farming Act: It considers farmers the weaker of the two parties entering into the contract. No permanent structure can be developed on farmer’s land. Which of the statements given above is/are Correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Model Contract Farming Act: It considers farmers the weaker of the two parties entering into the contract. No permanent structure can be developed on farmer’s land. Which of the statements given above is/are Correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
Consider the following statements regarding Model Contract Farming Act: It considers farmers the weaker of the two parties entering into the contract. No permanent structure can be developed on farmer’s land. Which of the statements given above is/are Correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Model Contract Farming Act: It considers farmers the weaker of the two parties entering into the contract. No permanent structure can be developed on farmer’s land. Which of the statements given above is/are Correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Model Contract Farming Act: It considers farmers the weaker of the two parties entering into the contract. No permanent structure can be developed on farmer’s land. Which of the statements given above is/are Correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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