Correct option is C
The correct answer is: (C) Contract farming
Explanation:
Contract farming is a system where large agribusiness companies enter into agreements with farmers for the production and supply of agricultural products under pre-agreed terms.
Contract farming is a system where large agribusiness companies enter into agreements with farmers for the production and supply of agricultural products under pre-agreed terms.
These terms typically include quantity, quality, price, and delivery schedules. It ensures a steady market for farmers and a consistent supply of raw material for businesses.
Information Key Points:
Benefits to Farmers: Assured income, input support, and access to technology
Benefits to Companies: Quality control, timely supply, and reduced procurement risk
Examples: Contract farming in crops like tomatoes, potatoes, cotton, and sugarcane
Knowledge Booster (Other Option Information):
Subsistence farming: Farming primarily for self-consumption.
Community farming: A collective approach where a group of farmers jointly manage and cultivate farmland.
Cooperative farming: Farmers pool resources and work collectively under a cooperative model,
English
30 Questions
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