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Glossary

Contract farming, term by term.

Plain-language definitions of the words you’ll meet in contract farming in India — defined honestly, with no marketing spin.

Contract farming
A pre-season agreement between a buyer and a farmer/FPO covering production and supply of a crop — typically quantity, quality, pricing and delivery.
FPO (Farmer Producer Organisation)
A legal entity through which farmers organise to aggregate produce and negotiate collectively, giving smallholders more bargaining power.
Model Contract Farming Act, 2018
A central model law that states can adopt or adapt, promoting contract farming outside APMC control with registration, farmer protections and a dispute-resolution mechanism.
APMC
Agricultural Produce Market Committee — the regulated mandi system. Contract farming is generally facilitated outside APMC mandi regulation under state frameworks.
MRV
Measurement, Reporting & Verification — the records and checks that evidence practices, volumes, quality and sustainability claims.
MRL
Maximum Residue Limit — the legal ceiling for pesticide residues in produce, critical for export crops like basmati rice and spices.
Aggregator
An intermediary — often an FPO — that consolidates produce from many smallholders so a buyer can deal with one organised counterparty instead of thousands of individual farmers.
Buyback (buy-back arrangement)
A contract-farming model where the sponsor supplies inputs and/or technical guidance and commits to buy back the resulting produce at agreed terms. Common in seed, processing-vegetable and poultry programmes.
Fixed price
A pricing model where a single price is agreed for the season up front. It protects farmers if markets fall but can feel restrictive if markets rise sharply.
Formula (market-linked) price
A pricing model where the price tracks an agreed, independent reference (such as a mandi rate or index), often with a quality premium — sharing market movements between both sides.
Floor price
A guaranteed minimum price, with the farmer typically receiving the higher of the floor or the prevailing market price at delivery. Often the most balanced pricing model.
Nucleus-estate model
A model where the sponsor runs a central ("nucleus") estate or processing hub and contracts surrounding ("outgrower") farmers to supply additional produce — combining own production with contracted supply.
Side-selling / leakage
When a contracted farmer sells produce to someone other than the contracting buyer (side-selling), causing the programme to lose expected volume (leakage). Usually a sign of a price or trust gap; reduced — never eliminated — by fair terms and timely payment.
Outgrower
A farmer who grows under contract for a sponsor/buyer, supplying produce to an agreed specification — the farmer side of a contract-farming arrangement.

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