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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.
Speaking on this milestone occasion, Simon-Thorsten Wiebusch, Country Divisional Head - Crop Science Division of Bayer for India, Bangladesh & Sri Lanka, said, "India is a nation of smallholder farmers. Collectivization in the form of a vibrant and strong network of Farmer Producer Organizations (FPOs) will not only improve farmers' incomes but also supports the building up of a robust food value chain network to aid India's food security, supporting food quality improvements and export potential. We, as Bayer, are grateful to the Small Farmers' Agri-Business Consortium (SFAC) for giving us this opportunity of forming 50 FPOs. It brings to life and makes tangible our global commitment of empowering 100 million smallholder farmers by 2030 and providing them necessary resources to enhance their productivity and livelihoods and at the same time also contribute to the development of the Indian agricultural ecosystem."
The MoU is aligned towards achieving the goal of the Central Sector Scheme launched by the Department of Agriculture, Cooperation & Farmers' Welfare, Ministry of Agriculture & Farmers' Welfare, Government of India ("DA&FW") of forming and promoting 10,000 Farmer Producer Organisations.
Read also: Bayer Eylea approved in Japan for treatment of preterm infants with retinopathy of prematurity
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751