Producer Company of the farmer, by the farmer, for the farmer
Kushinagar Banana Producer Company (KBPCL) registered under Company Act 2013, is basically a hybrid cooperative running in a corporate business mode, which has been established to change the marketing dynamics of banana in the Purvanchal Region of Uttar Pradesh and it is entirely dedicated to the upliftment of small and marginal farmers.
This company was incorporated on 26 June 2015. There are 99 primary producers (farmers) of District Kushinagar in Uttar Pradesh.
The authorized and paid up capital of the Company is Rs.5.00 Lakh.
There are seven elected board of directors in the company and one CEO, who are looking overall operation and management of the Company.
The Producer Company had started its business on 26 September 2015 with aggregate marketing of green banana. Banana are being marketed at Delhi, Amroha, Ghaziabad, Noida and also supplied to MKC Agro Fesh Pvt. Ltd.
The Producer Company has also been registered in APMC Mandi Gorakhpur for trading agricultural produces.
KBPCL also started procurement of Banana from Nadia District in West Bengal.
KBPCL also diversified its trading business. It started trading of Kinnow from Abohar in District Firojpur (Punjab)
The company aims to increase its shareholders up to 1000, who will be Small and Marginal farmers and having lack of assess to the market and forced to make distress selling to local agents.
The Producer Company would like to start aggregates business of inputs very soon. It would make available Tissue Culture, Fertilizers, Micro Nutrients and Plant Protection Materials to the farmers.
The authorized and paid up capital of the Company is Rs.5.00 Lakh.
There are seven elected board of directors in the company and one CEO, who are looking overall operation and management of the Company.
The Producer Company had started its business on 26 September 2015 with aggregate marketing of green banana. Banana are being marketed at Delhi, Amroha, Ghaziabad, Noida and also supplied to MKC Agro Fesh Pvt. Ltd.
The Producer Company has also been registered in APMC Mandi Gorakhpur for trading agricultural produces.
KBPCL also started procurement of Banana from Nadia District in West Bengal.
KBPCL also diversified its trading business. It started trading of Kinnow from Abohar in District Firojpur (Punjab)
The company aims to increase its shareholders up to 1000, who will be Small and Marginal farmers and having lack of assess to the market and forced to make distress selling to local agents.
The Producer Company would like to start aggregates business of inputs very soon. It would make available Tissue Culture, Fertilizers, Micro Nutrients and Plant Protection Materials to the farmers.
Business of KBPCL, Kushinagar ( 16 December 2015)
Banana Purchased from members : 84 Farmers
Banana Purchased other members : 247 Farmers
Total Quantity of Banana Sold : 1008 MT
Total Quantity of Kinnow Sold : 200 Quintal
Total Value of Sale : Rs.86.12 Lakh
Given Direct Employment to : 8 Persons
Indirect Employment Generated : 900 mandays
Banana Purchased from members : 84 Farmers
Banana Purchased other members : 247 Farmers
Total Quantity of Banana Sold : 1008 MT
Total Quantity of Kinnow Sold : 200 Quintal
Total Value of Sale : Rs.86.12 Lakh
Given Direct Employment to : 8 Persons
Indirect Employment Generated : 900 mandays