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The current study uses field survey data from members of five farmer producer companies in the eastern Indian state of West Bengal and assesses the benefits of membership. The real income of member farmers increased by more than 30 per cent after joining farmer producer companies. The access to inputs like seeds, farm chemicals, and farm machines; to weather advisory and storage services; and also, to output markets, improved after joining farmer producer companies. The members were found to market 100 per cent of their produced food grains through farmer producer companies at minimum support prices. Member farmers were found to have stronger networks and greater temporal and informational efficiency. With nearly 40 per cent of members women, these farmer producer companies have emerged as instrumental in empowering them, improving their livelihood and incomes in the patriarchal and rural societal setup. However, even though these collectives are benefitting the rural economy, it was also found that more investment is needed to create local infrastructure.
Das et al. (Fri,) studied this question.