An Exploratory Study on Legal Provisions and Guidelines for the Formation of Farmer Producers Companies
The article analyses the trends, patterns and performance of Farmer’s Producer Companies (FPCs) in India. Data used provided by NABARD and SFAC to explore the trends and patterns. A cross-case analysis was done to assess the performance and to draw inferences on critical common factors for success. The study shows that FPCs are emerging among other legal forms of FPOs. They are prominent in few states, which have enabling environment, enterprising farmers and have a history of collective action. The study shows heterogeneity in the product, functioning, how they work, deal with the issues, and mechanisms of FPCs. The article proposes establishing ‘incubators’ to handhold and support FPCs and different modes and categories for financing them.