26 February, 2014 2:43 PM

  
    The company has been promoted with an initial contribution of 50 farmers-philanthropists.  The company proposes to sponsor societies, at the rate of one per taluk, to begin with.Each interested farmer will pick up membership in the society with the payment of Rs.100/- (Rupees.One Hundred only) and the society in turn, will use this fund to buy shares with the company.

    
Having become member of the cluster, the farmer becomes eligible to trade his goods at the company's facilities. His complete information will be collected by the company, including his bank account numbers, contact numbers, etc. The sale proceeds of his  goods and the patronage bonus from the company, to be declared at the end of every financial year, will be directly credited to his bank account, via e-transfer.Having become member of the cluster, the farmer becomes eligible to trade his goods at the company's facilities.

 

Monthly meetings will be conducted at and for each of these clusters, to update them on the company's performance and the status of the various projects that the company embarks on.  In addition to this, the farmer members will be engaged in Good Agricultural Practice Trainings, Least-Cost Farm Inputs, Support in leasing of Farm Implements/Equipments, Integrated Farming, etc.

Ulavan Producer Company Ltd.

 

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