Agriculture policies in India are being drafted and crafted and are under reform stage so as double the farmer income. There are lot many issues and problems to be addressed while reforming the policies. One of the major challenges being faced is marginal and small landholding posing the question of its viability. Contract farming and corporate farming are the initiatives taken by the government through APMC act and Model APMC act. Agriculture being state subject, laws is being amended by the different state governments to facilitate contract farming and corporate farming. Wastelands across India are being bought or leased in by big agribusiness houses at nominal lease for farming. This paper tries to find out challenges and opportunities for corporate farming over and above contract farming in India and evolve with theoretical framework.

KEYWORDS: Contract Farming, Co-operative Farming, Agriculture, Aggregation.