Pratyagra Moneyratna Farmers Producer Company (PMFPC) is a type of organization that is a hybrid between private limited companies and cooperative societies. It is registered under the Indian Companies Act, 2013,
Pratyagra Moneyratna FPCs aim to improve the income and livelihoods of small and marginal farmers by providing them with better access to markets, inputs, and technology.
They also help to address the challenges faced by farmers, such as lack of bargaining power, inadequate infrastructure, and poor quality inputs.
Pratyagra Moneyratna FPCs enable farmers to aggregate their produce, negotiate better prices, and reduce transaction costs. Pratyagra Moneyratna FPCs are involved in various functions such as production, procurement, processing, packaging, and marketing of agricultural produce. They also provide services like training, extension, and credit to their members.
Pratyagra Moneyratna FPCs can engage in multiple agricultural activities such as horticulture, floriculture, apiculture, and pisciculture, among others. In summary, a Pratyagra Moneyratna FPC is a farmer-owned organization that aims to empower small and marginal farmers by providing them with better access to markets, inputs, and technology.
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