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Farmers producer company
In India, a Farmers’ Producer Company (FPC) is a specific type of producer company formed by farmers. The concept of FPCs was introduced to empower farmers, enhance their bargaining power, and promote collective farming and marketing of agricultural produce.
Documents required
- 4 Unique names
- Business Description
- Pan card of directors
- Aadhar card of Directors
- Business Address proof (Electricity Bill + Rent agreement + NOC)
- Proof of Address for directors (Electricity bill / bank statement / Prepaid mobile bill)
- Proof of Identity for directors (Driving licence / Voter ID / Passport)
- Land passbook for 10 farmers
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Pricing Summary:
Market Price
₹16999
Our Price
₹14999
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An Farmers producer company is a joined business firm formed by farmers to enhance their bargaining power, access better resources, and improve agricultural productivity. Registering an FPO/FPC helps farmers to take benefit from various government schemes and programs, access credit, and market their produce more effectively.
The main objective of an FPC is to help the farmer members to improve the economic well-being by improving their bargaining power, collective arrangement of resources, and promotion of efficient farm operations.
Merits
- Various incentives are given to FPO
- Increased collective bargaining power
- Reduced cost of production
- Increased revenue due to shared cost
- Separate legal entity
FAQs
Who can become member of FPO?
Membership in an FPC is open to farmers and individuals engaged in agriculture-related activities. The members elect a Board of Directors to manage the affairs of the company.
Minimum number of members
Minimum there must be 10 members to form a farmers producer company