This research paper examined the structure
and operations of Farmer Producer Company (FPC) in
India. Farmer Producer Company operating in the
poultry sector of Kerala state of India named Venad
Poultry Farmer Producer Company was selected for the
study. The company was a well renowned producer
organisation established in the year 2016. The functional
area of Producer Companywas poultry and dealing with
the marketing of chicken meat, eggs, poultry inputs like
medicines, vaccines, feeds and equipments, supply of
high yielding and disease resistant BV380 chicks. The
company is supported by NABARD and Kerala
Agricultural University (KAU). The company got best
Farmer Producer Company award from the honorable
chief minister of Kerala, Shri. PinarayVijayan during
2018.
The parameters selected for study were;
organisational structure, share capital, borrowings,
deposits, gross profit/loss (EBIT), net profit/loss,
procurement, processing and sales. The study was solely
depended on primary data obtained from the selected
FPC. These data were obtained from the financial
statements and annual reports of the company. The data
from 2016-17 to 2019-20 had taken for analysis. Simple
Growth Index and Compound Annual Growth Rate
(CAGR) were used as the tools for analysis. Bar
diagrams were depicted for a diagrammatic
representation ofgrowth throughout the years. It was
clear from the analysis that the company was in the
phase of growth stage from that of introductory stage.
The structures and operations of the company was
based on the rules mentioned in the Indian Companies
Act, amended in 2002, the Government of India
incorporated a new section IXA based on the
recommendations of the Y.K. Alagh Committee called
"Producer Companies". TheVenad Poultry FPC had
obtained a trade mark in the industry through the
introduction of India's first source traceability
technology in the poultry sector. Therefore company
could be able to provide safe eggs and meat for their
customers, where people could trace the QR codes and
able to identify the quality of products and details of
farmers.
Keywords : FPC- Farmer Producer Company, Farmer collectives, CAGR- Compound Annual Growth Rate, SGISimple Growth Index, NABARD- National Bank for Agriculture and Rural Development.