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A farmer producer company is a group of farmers who band together to increase their revenue and thus their level of living. In India, a farmer producer company can be formed with as few as ten members and two institutions. Over 80% of farmers in India are unorganized and cultivate small and marginal areas. The Farmer Producer Company empowers farmers and assists them in attaining economic scale through the following objectives:
“Production, procurement, harvesting and grading, poling and handling, marketing of agricultural produce, and selling or export/import of agricultural produce.”
The Producer Company's primary objective is to establish a farmer society in the form of a corporation and to convert an existing cooperative society into an organized corporation.
A farmer producer company is a group of farmers who band together to increase their revenue and thus their level of living. In India, a farmer producer company can be formed with as few as ten members and two institutions. Over 80% of farmers in India are unorganized and cultivate small and marginal areas. The Farmer Producer Company empowers farmers and assists them in attaining economic scale through the following objectives:
“Production, procurement, harvesting and grading, poling and handling, marketing of agricultural produce, and selling or export/import of agricultural produce.”
The Producer Company's primary objective is to establish a farmer society in the form of a corporation and to convert an existing cooperative society into an organized corporation.
Increased Credibility
Limited liability and legal entity distinct from others
Possess real estate
Ease of administration and registration
Photo & PAN Card of every director and shareholder.
Proof of Identity - Aadhar card, voter ID, driver's license, or passport
Proof of Address - bank statement, mobile bill, an electric bill, or a landline bill.
Producer Proof - Khasra - Khatuni/ ITR with Agriculture Income/ Sarpanch letter/ Any other proof that identifies a person as a producer is acceptable.