Corporatisation of Agriculture: Understanding the Relevance of Farmer Producer Companies in Backdrop of the New Farm Bills: A Solution?
Lead author · Corresponding
Ms. Anhita Tiwari
LLM Candidate (Securities and Investment Law), National Institute of Securities Market and Maharashtra National Law University, India
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DOIhttps://doij.org/10.10000/IJLMH.112011
Abstract
As the country stands in midst of massive revolt and push-back from small and marginal farmers against steamrolling of three ambitious farm bills by the Indian Parliament aimed at revamping, modernising and building self-sufficiency in the farming sector, this article attempts to seek solutions. It analyses the potentialities and restraints of corporatizing the agriculture sector in the country and discusses if, organisation of FPOs in the form of Producer Companies under the Companies Act, 2013 can be seen as a viable solution to the socio-economic grievances faced by the farmers.
Keywords
Farmer Producer Company
Corporatization of Agriculture
Small and Marginal Farmers
Farmer Organisations
Farm Bill.