Benefits of Farmer Producer Company & Features
In India, more than 15% of farmers commit suicide each year, and the Indian government has set up a team of experts to investigate the issue. As a result, the Farmer Producer Company was formed. Agricultural production corporations are groups of farmers who come together to increase their income and improve their living standards. In India, 10 members and he can set up a production company with only two bodies. A minimum share capital of Rs 5 million is required for the registration of a manufacturing company. Features of Producer Company A Producer Company may only produce, source, harvest, sort, bundle, market, and trade commodities with the help of its members. We may also raise funds for our members to participate in these activities by offering a credit facility. Can only operate with members and cannot contact the public directly. However, with a little paperwork and a simple process, you can add members to your producer company. Each producer receives a portion of the profits an...