Conceptual Study about Farmer Producer Company (FPC): An Organisational Perspectives| Chapter 6 | Current Topics on Business, Economics and Finance Vol. 7

 This item concentrates on the concept of a Farmer builder company (FPC) or Producer Company (PC) like the elementary objectives, ventures, benefits, registration processes, the composition, memorandum, and item of association of the FPC. Farmers' builder companies maybe seen as hybrids 'tween private companies and helpful societies. The builder-company idea is aimed to combine the adeptness of a company accompanying the `spirit' of established cooperatives. Producer guests aim to integrate smallholders into new supply networks öminimizing transaction and arrangement costs while benefiting from frugalities of scale. A producer association is a legal entity conceived for farmers accompanying the purpose of raising their rank, income, and worth. The traits and allowable framework of a unified society and a private restricted company are possessed by a producer party. Through the article investigator try to highlight the goals of the other allowable form of Producer Organisation (PO) like the Cooperative Society Act and Multistate Cooperative Society Act and highlight the goals of non – a profit legal form of Producer Organisation (PO) like Society recorded according to the Society Registration Act, Public Trust registered in accordance with the Indian Trust Act and company recorded according to the Section 25 of Indian Companies Act, 1956, as changed as Section 8 in The Companies Act, 2013. The FPC (Farmer Producer Company) will also produce entrepreneurship act and interests in the farmers and Indian minority for the primary exercises of agriculture and united sectors on account of different ventures and easy composition & registration steps of FPC.

Author(s) Details:

Dilip Rasiklal Vahoniya,
International Agribusiness Management Institute (IABMI), AAU, Anand, Gujarat, India.

Nikita Dilip Vahoniya,
Karnataka State Open University (KSOU), India.

Jerul R. Halpati,
International Agribusiness Management Institute (IABMI), AAU, Anand, Gujarat, India.

Please see the link here: https://stm.bookpi.org/CTBEF-V7/article/view/10936