02 March, 2021

Corporate Farming -- How New Laws Can Change Face Of Indian Agriculture

Most companies say farm incomes will zoom, fair prices will become the norm and exploitation of growers will end

Birds eye
Chilli on FieldFresh Foods farms
Corporate Farming -- How New Laws Can Change Face Of Indian Agriculture

This year, Sunshine Vegetables, which leases 1,000 acres of farm land in Sikandrabad (Bulandshahr district, Uttar Pradesh) to grow English carrot, had a boom crop. Sadly, due to the lockdowns, it was unable to distribute the produce and get attractive prices. The company’s co-owner, Col (retd) Subhash Deswal, explained how most of the produce was put in cold storage to wait for the prices to perk up. The business picked up a few weeks ago.

Deswal is among the few businesspersons who are excited about a slew of new central agriculture laws that allow corporate farming, and give flexibility to the growers to sell their crops across the country. “These will give the farmers an alternative platform to discover better prices,” he claims. Other companies, including food retail ones, which source huge quantities of various crops, are also enthusiastic about the implications of the new laws.

A few are still circumspect. Amit Sinha, co-founder of Unnati, an agri-tech platform that helps farmers to improve productivity and market linkages, says that while...

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