With the advent of organized retail format which normally demands huge quantity, there is a need for land consolidation so that such requirements are fulfilled at very competitive rates.

In addition to this in today’s competitive world, an individual farmer has to fend for everything right from finance, procuring inputs, farming for production and marketing for profitability. Each activity is an expert area and it’s difficult for a farmer with limited resources and exposure, to be competitive. PC is

• proposed to take over all responsibilities from the farmers groups, leave them to farm, making them sustainable, where they remain stakeholders to the end.

• The cost to serve individual farmers by any agri input & service company the companies is immense .Thereby the companies are looking for arrangements whereby this cost can be reduced down and PC is an answer to this.

Pre-Production

v      Training on Good Agricultural Practices (from Soil preparation to Harvesting)

v      Procuring firm orders from market and government programs thereby providing the market led crop planning.

v      Soil health assessment & Crop management advice through professional which includes crop protection and crop nutrition planning.

v      Record keeping of the crop and the financial transactions which in turn would increase the returns.

v      Arrangement of financial help.

v      Can experiment with commodity exchanges for harping the benefit of future trading and hedging the risks of output prices.

Production

v      Arrangement of the agri-input supply.

v      Crop Information based on Market situation

v      High tech farming ( Poly houses etc)

v      Crop Training (BMP – Best Management Practices)

v      Arranging outsourced farm operations.

v      Proactive decisions on standing crop based on MISv      Maintain links with other PCs and business interests with the aim to enhance profitability of the company and welfare of its members.

Post Production

v      Certification of the Output.

v      Training on post-harvest handling processes to help reduce wastages

v      Adding value to the farm produces locally and thus add to profitability of the company thereby generating rural employment.

v      Markets value-added products at maximum profits and thus generate funds for salaries of its employees, generate reserves of cash and profits for the company.

v      Arrangements of the transportation and warehouses.

v      Market facilitation.

v      Collect and disburse payments

v      Issue Bonus on profits.

Each professional and other employees of the PC will be paid out of the money generated due to value addition to the farm produce and not from price paid to farmers for the farm produce, thus will not pinch into the money due to the farmer (we should also have answer on how to ensure the same). Salary structure is dependent on the extent and quality of value addition planned by PC, ensuring a positive cash to cash cycle.

(1)     Producer company may be formed by any ten or more individuals, each of them being a producer*.

(2)     Paid up capital of Rs.1, 00,000.

(3)     Members should not have any conflict of interest with the PC.

(1)     The group of primary producer who are fulfilling the requirement of forming producer company can apply online at official web site of Ministry of Corporate affairs i.e. www.mca.gov.in. If the Registrar is satisfied about adherence to compliance for registration then, he shall, within thirty days of the receipt of the documents required for

(2)     registration, register the memorandum, the articles and other documents, if any, and issue a certificate of incorporation under this Act.

"Producer" means any person engaged in any activity connected with or relatable to any primary produce;

Produce of farmers, arising from agriculture (including animal husbandry, horticulture, floriculture, pisciculture, viticulture, forestry, forest products, re-vegetation, bee raising and farming plantation products), or from any other primary activity or service which promotes the interest of the farmers or consum