5 Thousand Farmers to get benefit with double gross income
Pune: Around 12 Maize crop producing Farmer Producer Companies (FPC) formed under MACP from Maharashtra entered in MoU with Thailand based company Charoen Pokphand (CP) Seeds (India) Pvt Ltd. on Sunday. Agri-Business Promotion Facility (ABPF) Consultant Grant Thornton that is working under Maharashtra Agricultural Competitiveness Project (MACP), a World Bank assisted project in Maharashtra to promote agribusiness in the state extending assistance to the FPC’s for the said maize crop production project.
On this occasion Project Director, MACP Mr. Sunil Pawar, Dr.BhaskarPatil (Dy. GM MSAMB), Dr. Abhay Gaikwad (Coordinator,Agri Marketing -MACP), Vijay Gophane (AME, ABPF-MACP), V.Padmanand (Director-Grant Thornton), Rajeev Kalaskar, RaosahebBendre, M. Patel (Manager, CP Seeds), and FPC representatives were present.
Grant Thornton is working as consultant to Agri-Business Promotion Facility (ABPF) for Maharashtra Agricultural Competitiveness Project (MACP), a World Bank assisted project in Maharashtra to promote agribusiness in the state even while effectively striving to rise farmer incomes.As part of perhaps the largest such development project in the World, over 400 Farmer Producer Companies (FPCs) involving over 2 lakh farmers have been guided with well-conceived business plans, and over 700 individual enterprise start-ups in agriculture facilitated over the last couple of years. In this context ABPF facilitating through the conducting buyer seller meet, providing incubation facility, Credit Linkage and Market Linkage facility to the FCSC and Agri Business entrepreneurs in the state of Maharashtra.
The said MoU between FPC’s and CP Seeds will bring 1 to 1.5 thousand acres of land under the Maize cultivation, which will increase in future. The contract will also help to rise quality and quantity of crop that will boost income of approximately 5 thousand farmers up to 30% per acre per year.
Meanwhile CP Seeds will provide quality seeds, Good Agriculture Practices training to the farmers and also directly procure at least 50 thousand Quintals Maize produced by contracted farmers from Farmer Producer companies.
