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A Farmer Producer Company (FPC) is a company registered under Chapter XXIA (Sections 378A to 378ZU) of the Companies Act, 2013. Through an FPC, farmers can procure inputs, access institutional credit, improve market access, and negotiate better prices for their produce. The Government of India launched the Central Sector Scheme for Formation and Promotion of […]
Introduction PRO stands for Producer Responsibility Organisation. These organisations are entrusted to perform the EPR responsibilities of the producer. Any entity that wishes to focus primarily on its business and doesn’t want to put in extra effort to fulfil its EPR targets, can engage any PRO and delegate the EPR responsibility to them. The term […]
In the dynamic landscape of business, especially within the agricultural and allied sectors, compliance with regulatory requirements is crucial for sustained growth and success. For Producer Companies (PCs), which are entities formed by farmers or producers to enhance their bargaining power in the market, a well-organized Compliance Calendar is indispensable. This blog will delve into […]
In India, a Producer Company is a legally certified body of agriculturists or farmers with an objective to improve farmers standard of living & confirm a good status of their available support & profitability. Section 465(1) of the Companies Act provides that the provisions regarding a Producer Company under the Part IXA of the Act, […]