Besides supplier of provisional services, agricultures role as source of ecosystem services to the ecology is being increasingly recognized. The two way relationship between agricultural production and ecosystem services made it imperative to examine farmers perception of importance of and their ability to manage various ecosystem services from and to the agriculture. This study, motivated by limited availability of literature, is an attempt to fill this research gap through focusing on farmers' perceptions of four different attributes towards 17 ecosystem services and 15 dis-services in Kashmir, a mountainous region in India. Results revealed that farmers attributed high rating to the importance of all ecosystem services, professed severity of dis-services to and from agriculture and perceived their inability to fully manage them. The farmers revealed concerns about vulnerability of agriculture to any threat causing deterioration in ecosystem services though their concerns vary across services. The farmers WTP for enriching services and reducing vulnerability of agriculture to ecosystem service deterioration coupled with their views passed a message to policy makers for implementation of some market-based instruments to overcome any potential loss to services. Study highlighted a need of an environmental policy to encourage socially acceptable and ecosystem-oriented approaches towards land-use management. Acknowledgement : Authors gratefully acknowledge the financial assistance granted by the Department of Science & Technology (DST), Ministry of Human Resource Development, Government of India for generating data for this piece of research.