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April 30, 2018

'BEST' Farmer Producer Company in Ropar!


Farmers at the Rupnagar Farmer Producer Company in Ropar, Punjab are jumping for joy!  They've bagged 'the best FPO in the state' Award - a much lauded award by NABARD. 
And why?  Because since its inception in 2013, it has grown from just 10 shareholders, to 253 shareholders today - and are expecting to expand to 500 shareholders in the near future.
Additionally, RFPCL has scaled its biomass supply in a big way - from just 450 MT to 8831 MT, earning a profit of 7.65 lakh. 
In an event held in January 2018, the award was presented by Shri Rajendra Singh Bajwa (Minister, Rural Development & Panchayat, GoP) in the presence of other dignitaries including Mr. Nirmal Chand (Regional Director, RBI), Mr. Sanjay Kumar (GM, SBI), Mr. Viswajeet Khanna (Additional Secretary - Rural Development) and Mr. Deepak Kumar (CGM, NABARD).
Established in 2013 by Ambuja Cement Foundation, the FPC has regular trainings and exposure visits - enabling shareholders of the company to expand their businesses manifold, through  activities such as biomass supply, agriculture input trading and farm machinery bank.
This has set a huge benchmark for the other FPCs initiated with help from ACF, to follow suit and be recognised for their efforts.
April 30, 2018

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