Bayer, Small Farmers' Agri-Business Consortium ink pact to form 50 Specialized Farmer Producer Organizations
Bengaluru: Bayer CropScience Limited and Small Farmers' Agri-Business Consortium (SFAC) have signed a Memorandum of Understanding to form and promote 50 specialized Farmer Producer Organisations (FPOs).
In collaboration with SFAC, Bayer CropScience Limited has identified clusters in 10 states and will aim to assist smallholder farmers with business planning, identification of key enablers, creation of market linkages, and knowledge transfer while working to establish 50 Farmer Producer Organizations.
SFAC's partnership with Bayer CropScience Limited will help strengthen grower collectivization and support farmer collectives to evolve as profitable and self-reliant business entities.
SFAC has emphasised the importance of collectivisation and FPOs important role in it. FPOs play a big role in building socio-economic resilience of the farmers, leveraging economies of scale in production and marketing.
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