Corteva Agriscience to promote agri-entrepreneurship by setting up multiple FPOs in MP, Bihar
It aims to improve livelihoods through market-oriented interventions and a focus on self-reliant agri-entrepreneurship
Corteva Agriscience, a global agriculture company, is working towards establishing an ecosystem of Farmer Producer Organizations (FPO) in multiple states across India including Madhya Pradesh (MP) and Bihar. The company is focused on promoting agri-entrepreneurship, especially for women, by supporting seven FPOs in the districts of MP. This includes training on agricultural methods, providing access to multi-brand Agri inputs, crop advisory to create market linkages, and an end-to-end value chain.
Dr. Aruna Rachakonda, Marketing Director, Corteva Agriscience™, South Asia, said “Lack of effective and formal ownership of resources and productive assets coupled with the gendered division of roles usually holds back women from claiming equal space in the realm of economic activities. Through these women centred FPOs, Corteva is working towards integrating women smallholder farmers into mainstream farming, by economically and socially empowering them as entrepreneurs running their own business.”
Corteva has been helping FPOs in the Bhoura and Paraswada regions of Madhya Pradesh by providing technical grooming of agriculture entrepreneurship and leadership training to build confidence, financial literacy and negotiation tactics for women farmers/ Agri entrepreneurs. To further strengthen the FPO business, the company is also providing financial support towards Agri inputs. The team at Corteva arranged several types of machinery training and other best practices in paddy and corn for women farmers to enhance the adoption of sustainable agri - practices.
The FPO commenced its operation with 200 women shareholders for the production and marketing of vegetables and maize. Currently, it serves 1000 women shareholders for the production and marketing of maize, gram, and wheat. The enterprise is supporting maize production in more than 2000 acres; annually marketing more than 700 tons of maize to different industries; doing an annual business of nearly Rs 2 crores, thereby helping FPO members realize an additional return of Rs 15000 from an acre of land.