Organic Farming Business Proposal
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ORGANIC FARMING PROPOSAL
GROUP 6 Iftekhar Ansari, Mujtaba Yameen, Priyamvada Panicker, Akbote Shiva, Vikas D, Jayadev B
BBA • Semester VI • Group VI• Organic Farming
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S E M E S T E R
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BBA • Semester VI • Group VI• Organic Farming
Organic Farming
Introduction Organic farming is the form of agriculture that relies on techniques such as crop rotation, green manure, compost and biological pest control. Organic farming uses fertilizers and pesticides but excludes or strictly limits the use of manufactured (synthetic) fertilizers, pesticides (which include herbicides, insecticides and fungicides), plant growth regulators such as hormones, livestock antibiotics, food additives, genetically modified organisms, human sewage sludge, and nanomaterials Organic agricultural methods are internationally regulated and legally enforced by many nations, based in large part on the standards set by the International Federation of Organic Agriculture Movements (IFOAM), an international umbrella organization for organic farming organizations established in 1972. IFOAM defines the overarching goal of organic farming as: "Organic agriculture is a production system that sustains the health of soils, ecosystems and people. It relies on ecological processes, biodiversity and cycles adapted to local conditions, rather than the use of inputs with adverse effects. Organic agriculture combines tradition, innovation and science to benefit the shared environment and promote fair relationships and a good quality of life for all involved..." —International Federation of Organic Agriculture Movements Since 1990, the market for organic products has grown from nothing, reaching $55 billion in 2009 according to Organic Monitor (www.organicmonitor.com). This demand has driven a similar increase in organically managed farmland which has grown over the past decade at a compounding rate of 8.9% per annum.[5] Approximately 37,000,000 hectares
S E M E S T E R
V I
ORGANIC FARMING PROPOSAL
GROUP 6 Iftekhar Ansari, Mujtaba Yameen, Priyamvada Panicker, Akbote Shiva, Vikas D, Jayadev B
BBA • Semester VI • Group VI• Organic Farming
B B A
S E M E S T E R
V I
BBA • Semester VI • Group VI• Organic Farming
Organic Farming
Introduction Organic farming is the form of agriculture that relies on techniques such as crop rotation, green manure, compost and biological pest control. Organic farming uses fertilizers and pesticides but excludes or strictly limits the use of manufactured (synthetic) fertilizers, pesticides (which include herbicides, insecticides and fungicides), plant growth regulators such as hormones, livestock antibiotics, food additives, genetically modified organisms, human sewage sludge, and nanomaterials Organic agricultural methods are internationally regulated and legally enforced by many nations, based in large part on the standards set by the International Federation of Organic Agriculture Movements (IFOAM), an international umbrella organization for organic farming organizations established in 1972. IFOAM defines the overarching goal of organic farming as: "Organic agriculture is a production system that sustains the health of soils, ecosystems and people. It relies on ecological processes, biodiversity and cycles adapted to local conditions, rather than the use of inputs with adverse effects. Organic agriculture combines tradition, innovation and science to benefit the shared environment and promote fair relationships and a good quality of life for all involved..." —International Federation of Organic Agriculture Movements Since 1990, the market for organic products has grown from nothing, reaching $55 billion in 2009 according to Organic Monitor (www.organicmonitor.com). This demand has driven a similar increase in organically managed farmland which has grown over the past decade at a compounding rate of 8.9% per annum.[5] Approximately 37,000,000 hectares