Assured Contract Farming System:
We propose creating an online platform that connects farmers and buyers, providing a secure and stable way to buy and sell crops. This system will cover the entire process of contract farming—from negotiations to payments—ensuring trust and fairness for everyone involved.
- Farmer and Buyer Registration:Easy Sign-Up: Farmers and buyers register with their details, including documents like Aadhaar and land proof.Verified Profiles: Farmers' profiles will be verified and displayed, helping buyers trust them.
- Crop Listing and Search:Marketplace: Farmers can list their crops with details like type, amount, and harvest date.Search Features: Buyers can search for crops by location, type, or availability.
- Contract Creation and Management:Ready-Made Templates: Contracts can be easily created using customizable templates, specifying terms like price, quantity, and payment.Digital Signing: Contracts are digitally signed, making them legally binding.Track Contracts: Both parties can track contract status, including delivery and payment updates.
- Price Negotiation: farmers can accept or negotiate to get a fair price.
- MSP Protection: The platform ensures farmers receive at least the Minimum Support Price (MSP).
- Secure Payments:Safe Transactions: Payments are held in escrow and released only after the buyer receives and approves the crops.Timely Payouts: The platform guarantees quick payments, with penalties for delays.
- Yield Prediction and Market Insights:Smart Forecasts: Machine learning predicts crop yields using data like weather and past trends.Market Trends: Access to market data helps farmers and buyers make smart decisions.
- Map-Based Price Insights:Interactive Map Feature: A map displays the regions with high and low crop prices, allowing buyers and farmers to easily see where their crop may be sold or purchased at the best price.
- Contract Enforcement and Dispute Resolution:Legal Help: Support is available to ensure both parties follow the contract terms.Dispute Handling: A system is in place to resolve conflicts quickly and fairly.
