DFPCL, Samunnati join hands to offer farmers crop-based advisory

Featured in BusinessLine

Move to improve yields, quality and earnings for farmers

Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL) has announced a tie-up with Samunnati, a specialised agri value chain-enabler that offers customised financial, co-financial and non-financial solutions to stakeholders across the agri value chain.

With this tie-up, DFPCL will offer crop-based advisory to help farmers under FPOs across four States to improve yields, quality and earnings. The tie-up will also facilitate access to farm credit at affordable rates. As per the Memorandum of Understanding (MoU), the FPOs will be able to access crop-based advisory and agri-inputs through DFPCL along with the customised finance options through Samunnati.

DFPCL’s Crop Nutrition Business President Mahesh Girdhar said in the press statement, “Armed with the required information and scientific knowledge of crop nutrition, DFPCL will guide the FPOs and associated farmers under the Samunnati umbrella for a better yield and with a mission to transform their lives for the better.”

“We have been working with 500 FPOs across 19 States in India with a mission to make markets work for smallholder farmers. We believe this partnership will enable FPOs and their farmer members gain access to timely inputs and capacity building/ advisory services, ultimately creating better incomes and livelihood,” said Anil Kumar SG, Founder and CEO, Samunnati.

Leave a comment

You might also like

Samunnati launches new scheme to crowdsource funds to cover small farmers’ risks

4 October 2021

Samunnati launches new scheme to crowdsource funds to cover small farmers’ risks

Featured in BusinessLine The start-up plans to cover 5 million such farmers and their families by 2025. Specialised agri value chain...

Samunnati plans to raise $100 million in Series E round to fund expansion

26 November 2021

Samunnati plans to raise $100 million in Series E round to fund expansion

Featured in moneycontrol Agri-tech firm offers finance and commerce solutions to farmers’ collective and agricultural enterprises. The loan size ranges from...

Odisha Livelihoods Mission Inks MoU with The Goat Trust and Samunnati Foundation to Enhance Rural Economy

25 September 2020

Odisha Livelihoods Mission Inks MoU with The Goat Trust and Samunnati Foundation to Enhance Rural Economy

Featured in Orissadiary Bhubaneswar: Odisha Livelihoods Mission (OLM), a society under the aegis of Department of Panchayati Raj and Drinking Water,...

COVID-19 – REGULATORY PACKAGE (Moratorium Policy Version -2)

3 June 2020

COVID-19 – REGULATORY PACKAGE (Moratorium Policy Version -2)

Further to our Moratorium Policy dated March 31, 2020 for the repayment of loans falling due between March 1, 2020...