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Indian Journal of Agriculture Business

Volume  10, Issue 1, January - June 2024, Pages 49-53
 

Case Report

Farmer Producer Company: A Case Study of Coimbatore Coconut Producer Company Limited, Coimbatore, Tamil Nadu

K. Kalidas1 , S. Nandhitha2 , K. Sandhya3 , T. Selvanivethini4 , V. Vanathi

 1 Associate Professor & Head, 2-5UG  Scholar, Department of Agricultural, Economics, Vanavarayar  Institute of Agriculture, Manakkadavu, Pollachi 642103, India.

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DOI: http://dx.doi.org/10.21088/ijab.2454.7964.10124.7

Abstract

Agriculture, as the primary sector of the Indian economy, employs about two-thirds of the  Indian people and contributes approximately 20. 19% of the nation's GDP; thus, agriculture is  proudly referred to as India's backbone. The number of farms has more than doubled since the  first agriculture census 45 years ago, from 70 million in 1970 to 145 million in 2015 and counting.  This means a larger population in an ever-shrinking landholding, resulting in growing population  pressure and widespread underemployment. Farmers are frequently harmed by inefficiencies in  the transportation system. This makes them reliant on middlemen, reducing any profit (Business  World, 2022). In India, Farmer Producer Organisations (FPOs) have arisen as a new type of  aggregation model. The Central Sector Scheme for "Formation and Promotion of 10,000 Farmer  Producer Organisations (FPOs)" has been approved and launched by the Government of India.  Initially, one FPO is assigned to each block. So far, 7059 new FPOs produce clusters have been  assigned and formed. This study analyses the status of farmer producer companies promoted by  various agencies in India and in particular, a case study about the FPC promoted in Coimbatore  district of Tamil Nadu.


Keywords : Aggregation; Land Fragmentation; Farmer Producer Companies.
Corresponding Author : K. Kalidas