Farmers Producers Company

Farmer Producer Companies (FPC) means a company of Farmer Producer Members as defined in Part 18 of the Indian Companies Act, 2013 (including any amendments there to or re-enactment there of) and incorporated with the Registrar of Companies.

Vision

To bring transformational changes among farmers through economic and social interventions.

Mission

  • To economically empower the farmers to become   self-reliant by providing technical information and educate the farmers about latest technology to improve millet cultivation.
  • To provide subsidized financial support & agro based services to farmers thereby empowering them socially and economically.
  • To provide training and exposure visits to farmers regarding millet and paddy cultivation for better yield.
  • To promote Organic farming among the farmers and assist them to implement their skills.

     

Reasons why we have started FPCs in these Location

  • Non availability of quality inputs for farmers
  • Lack of availability of finance
  • Non availability of community owned storage and processing facility
  • Limited liquidity after harvest.
  • Less conversion ratio of millet : rice (present 60:100)
  • Lack of organized structure leading to weak bargaining power
  • Poor packaging practices
  • Poor Market reach for farmers

Benefits on joining a FPC

  • Per hectare production improved by 10% by end of project period
  • Increase in net return to farmer (Inflation +10%)
  • Increase in sub-sector development for agriculture
  • Gap in availability of inputs reduced by 20-25%
  • Increased food and nutritional security
  • Market linkage for the backward and forward integration will be ensured with competitive market
  • Additional employment generated due to increased intensity of farming
  • Benchmark minimum wage rate for labour
  • Reduction in migration.

     

  The Farmers Producer Companies are the backbone for the supply of raw grains to our Elite Millet Processing Unit. The year       gone    by was a year of remarkable achievements as the FPO’s made efforts for its growth. The FPC has achieved a total turnover of  Rs. 187.66 lakh as well as earned a net profit of Rs. 2.02 lakh after tax.

Millet procurement operations of the FPO continued to be strengthened in 59 villages of the FPO cluster. During the year, the FPC has procured 3079.16 Quintals of Millets and 1502.56 Quintals of Paddy. The FPO provided more than 45 technical support and trainings to all the concerned farmers. The emphasis continued for inclusion of women members and opening of Bank Account by all members. The FPO ensures that competitive price is paid to the members on market basis. The efforts led to 100% payment through bank accounts. The FPO foresees big potential in marketing of Millet and plans to expand sales operations in all over India as we are heading towards International Millet Year 2023. This expansion will enhance business and enable procurement of more Millets, thus enable the FPC to reach out to more millet cultivators and become financially stronger in future.