FARMER PRODUCERS COMPANY IN INDIA: STATUS AND POLICY IMPLICATIONS ON MARGINAL AND SMALL FARMERS

Authors

  • Saswat Kumar Pani, Damodar Jena, Nishith Ranjan Parida

Abstract

Institutional Innovations for farmers development are always viable options that amplify the collective voice of farmers. Marginal & small farmers who are prone to high risk and low earning have always been connected to integrate into any forms of farmers Institution: be it cooperatives or new generation cooperatives. Farmer Producers Company (FPCs) in Indian context is nearly two decades old concept of promoting farmers institution that carries the attribute of both cooperative and private limited company. The Producer Company model is a unique form of business led development enterprise which was brought with a belief of pooling common resources and capital collectively, and establishing primary produce based enterprises resulting in improving their income, create employment and reduce risk of uncertainty. But the farmers owned FPCs is at greater stake due to it slow pace of growth and several problems such as lower share capital contribution, lack of ownership, lack of innovation, risk coverage, lack of collaboration and convergence, technology inclusion in value addition, processing and postharvest operations. This paper reviewed the above issues with evidences and ascertains on the present status of FPCs in India. The study has attempted to highlight the status of Farmer Producers Company in India, policy provision and fiscal measures. The study has focused on working for relevant information such as year wise no of FPC registered, state wise no of FPCs registered, Paid up capital, nodal agency support, agencies promoting FPC, types of produces FPC dealing with, type of business operations carried, status of matching equity grant and credit guarantee fund, finding ratio of marginal & small farmers obtain membership of FPCs out of the total marginal & small farmers, ratio of FPC and FPC membership with respect to total number of marginal and small farmers.

Downloads

Published

2020-12-30

How to Cite

Saswat Kumar Pani, Damodar Jena, Nishith Ranjan Parida. (2020). FARMER PRODUCERS COMPANY IN INDIA: STATUS AND POLICY IMPLICATIONS ON MARGINAL AND SMALL FARMERS. International Journal of Modern Agriculture, 9(4), 801-810. Retrieved from http://www.modern-journals.com/index.php/ijma/article/view/441

Issue

Section

Articles