Which of the following is incorrect regarding the Contract farming in India ........

Economic Affairs Agricultural Policy and Growth

Which of the following is incorrect regarding the Contract farming in India?

Under Contract Farming, production carried out based on a pre-harvest agreement between buyers and producers.

The producer can reduce the risk of fluctuating market price and demand while buyer can reduce the risk of non-availability of quality produce.

It is defined under the State List of the Seventh Schedule

The government has recently released a Model Contract Farming Act

It is included in the concurrent list of the seventh schedule.

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