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

Farm Finance: How this Budget can give a push to rural credit, post-demonetisation

19 January 2017

Farm Finance: How this Budget can give a push to rural credit, post-demonetisation

Current indications are that the farm sector has emerged from the initial shocks of demonetisation. Just across the road from...

Samunnati acquires FPO-centric agri supply chain platform Kamatan

12 April 2021

Samunnati acquires FPO-centric agri supply chain platform Kamatan

Featured in Your Story Samunnati, an agri value chain enabler, on Monday announced the acquisition of farmer-centric agri supply chain platform,...

Telangana ‘convincing’ farmers to shift from paddy to overcome surplus output

25 June 2023

Telangana ‘convincing’ farmers to shift from paddy to overcome surplus output

Featured in The hindu businessline State looking for a solution as it has to procure the surplus grain as the Centre is not procuring parboiled rice,...

Samunnati raises INR 387 crores Series D funding from global investment manager, Nuveen and existing investors

28 March 2019

Samunnati raises INR 387 crores Series D funding from global investment manager, Nuveen and existing investors

Chennai, May 28, 2019: Samunnati (Samunnati Financial & Intermediation Services Private Limited), a specialised agricultural value chain enabler providing working...