GUNDAR COLLECTIVE FARMING FARMER PRODUCER COMPANY LIMITED

In their own words

Gundar Collective Farming Farmer Producer Company an initiative of TNSFAC & Department of Agribuisness & Marketing to promote Agribusiness in the Virudhunagar district of Tamilnadu. We are incorporated at 23 rd January of 2021. Our primary objective is to promote the small and marginal farmers in virudhunagar district. The concept behind our Farmer Producer company is that farmers, who are the producers of agricultural products, can form groups and register themselves under the Indian Companies Act. To facilitate this process, the Small Farmers’ Agribusiness Consortium (SFAC) was mandated by the Department of Agriculture and Cooperation, Ministry of Agriculture, Govt. of India, to support the State Governments in the formation of Farmer Producer Organizations (FPOs). The aim is to enhance farmers’ competitiveness and increase their advantage in emerging market opportunities. Our FPO’s major operations will include the supply of seed, fertilizer and machinery, market linkages, training and networking and financial and technical advice. The main aim of our FPO is to ensure better income for the producers through an organization of their own. Small producers do not have the volume individually (both inputs and produce) to get the benefit of economies of scale. Besides, in agricultural marketing, there is a long chain of intermediaries who very often work non-transparently leading to the situation where the producer receives only a small part of the value that the ultimate consumer pays. This will be eliminated. Through aggregation, the primary producers can avail the benefit of economies of scale. Farmers Producers will also have better bargaining power in the form of the bulk buyers of produce and bulk suppliers of inputs

Written by the company on its public Startup India profile. Not verified by us.