The agricultural industry is the backbone of the Indian economy and a vast majority of the Indian Population depends on agricultural activities for their livelihood. The Farmers in India struggle to get their share of profit and to maintain a decent standard of living. Keeping this in mind, The Government of India has introduced the concept of Producer companies to uplift the conditions of Producers.
A Producer Company combines the goodness of a cooperative enterprise and the vibrancy and efficiency of a company. It accommodates the unique elements of cooperative business with a regulatory framework similar to that of a private limited company