Our Agri Projects

Welcome to MFPCL

Manbhum Farmers Producer Company Limited aims to empower farmers by promoting collective farming, enhancing their bargaining power, and improving their income. FPCs are governed by the Companies Act of 2013 and are formed by a group of farmers who come together voluntarily to form a company. Here are some key features and functions of MFPCL .

Collective Farming: MFPCL encourage farmers to pool their resources, such as land, labor, machinery, and capital, to engage in collective farming activities.

• Ownership and Control: MFPCL owned and controlled by their members, who are typically small and marginal farmers. Each member has a vote in decision-making processes, regardless of the number of shares they hold.
• Profit-Sharing: The profits earned by the MFPCL distributed among its members based on their contributions, which may include produce supplied, services rendered, or capital invested
• Market Linkage: MFPCL help farmers access markets by aggregating their produce, negotiating better prices, and ensuring fair trade practices. They may also provide marketing support and facilitate value addition activities.
• Capacity Building: MFPCL often offer training, technical assistance, and advisory services to their members to enhance their agricultural practices, improve productivity, and adopt sustainable farming techniques.
• Financial Services: MFPCL assist their members in accessing credit, insurance, and other financial services to meet their farming needs and mitigate risks..

Legal Status: MFPCL registered under the Companies Act, which provides them with a legal framework for governance, operations, and accountability.