Bhubaneswar: Bringing major reforms in the agriculture sector, the Odisha Cabinet chaired by Chief Minister Naveen Patnaik today approved contract farming ordinance to attract entrepreneurs to the sector.
The Odisha Government has termed it as the win-win situation for the farmers and the landowners.
Similarly, the Odisha Agricultural Produce and Livestock Contract Farming and Services (Promotion and Facilitation) Ordinance 2020 has also been approved by the Cabinet today aiming at registration of farmers with contract farming companies for improving production and productivity by way of land, soil management, seeds, saplings, fingerlings, inputs, feed.
It also amends the Odisha Agricultural Produce Markets Amendment Act, 1956 would provide for geographically restriction-free trade and transaction of agricultural produce including livestock across the state and country to give freedom to the farmers to sell their produce in a better manner.
The government will constitute a committee called the Contract Farming and Services (Promotion and Facilitation) Committee to review the performance of contract farming in the state and to make suggestions to the government for promotion of contract farming activities.