My Drops!

Nepal is an agronomic country. The dominance of agriculture persists in the country owing to what has been written several times in various articles published by different publications; more than two-third of the population engaged in the agriculture to contribute merely around one-third of the GDP. And with the alarming situation of more than 1700 people leaving the country every day for various purposes, the contribution  seems to go further down – one, there will be few people working as human capital for agriculture and two, the agriculture pattern has not upgraded itself from traditional approaches. It is not true that no work has been done for the remedial purpose but the effectiveness is what has remained questionable. The world now believes that it is out of the crisis phase but the Food Price Index of Food and Agriculture Organization (FAO) has stringently remained either above or around the upper bound which reached during the food crisis in 2008. In case of Nepal, ...

Contract Farming and Commodity Market have a long legacy to share with. When it is about introducing the local agro commodities to the commodity exchange for the trading and distribution, contract farming has always been taken as one of the effective means to meet the production, demand and supply needs in the modernized and efficient trading system. The days are different in the world now when there used to be spot trading only in the world; for now, the production and sale on a contractual basis is not at all new to the world. Especially when dealt with the perishable agro products, the existence of the contract farming goes long back which holds true for the products like dairy products, fruits, vegetables, etc. Spurred by changes in (international) competition, consumer demand, technology and governmental policies, agricultural systems are increasingly organized into tightly aligned chains and networks, where coordination among production, processing and distribution activiti...