1. PROFILE ANALYSIS OF FARMER PRODUCER COMPANIES (FPCS) IN KERALA, INDIA.
- Author
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Manoharan, Divya Konathodath, Devarajulu, Suresh Kumar, Arumugam, Vidhyavathi, Babu, Suresh Chandra, Krishnasamy, Uma, Kannan, Balaji, and Karuppusami, Kalarani Muthusami
- Abstract
Farmer Producer Companies (FPCs) have emerged as a potential solution to address the limitations of cooperatives. This study was conducted in Kerala, India, and 25 percent of the FPCs established on or before 31/03/2020 were selected as the sample. A simple percentage analysis was employed to evaluate the general profile of the FPCs. The findings indicated that FPCs are dominated by small and marginal farmers (98.92 percent) and, on average, the share capital of NABARD-promoted and CDB-promoted FPCs were Rs.19.62 lakhs and Rs. 218.88 lakhs respectively. FPCs perform multiple functions starting from marketing, processing, value addition, storage, drying, input shop, consultancy services, credit and insurance support, agency for government procurement, agro-service centers, and labor banks and exports. Consequently, FPCs address nearly all the requirements of farmers in the value chain from providing timely inputs at reasonable rates to facilitating the product's journey to the final consumers. Despite certain limitations, such as poor resource base, lack of linkages, and inadequate management, with appropriate guidance and sufficient support in terms of finance, technical, and managerial resources, FPCs have the potential to thrive and become a promising avenue for small and marginal farmers in the country. [ABSTRACT FROM AUTHOR]
- Published
- 2024