SERP-backed Be’nishan achieves ₹463 crore cumulative business, boosts farmer incomes in Telangana
Be’nishan, a federation of Farmer Producer Organisations in Telangana, has achieved a cumulative business of ₹463 crore since its establishment in 2019. This initiative has significantly boosted farmer incomes, allowing them to earn an additional 15% to 20%. The federation supports small farmers by improving market access and reducing the role of middlemen.
- ▪Be’nishan recorded ₹463 crore in cumulative business through various procurement mechanisms.
- ▪Farmers have benefited from improved market access and better price realization.
- ▪The federation has established partnerships with major retail chains and agro-processing firms.
Opening excerpt (first ~120 words) tap to expand
Be’nishan, a federation of Farmer Producer Organisations (FPOs) established as a Farmer Producer Company (FPC) with support from the Society for the Elimination of Rural Poverty (SERP) in December 2019, has recorded cumulative business of ₹463 crore through procurement under Minimum Support Price (MSP), Price Stabilisation Fund (PSF), and Price Support Scheme (PSS) mechanisms, according to the SERP officials.Of the total, ₹151 crore was achieved through direct output marketing. The initiative has enabled farmers to earn an additional income of 15% to 20%, at a time when securing remunerative returns remains a challenge.Panchayat Raj and Rural Development Minister D.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.
Discussion
0 commentsMore from The Hindu — Top
