Mastercard Centre for Inclusive Growth, successfully organized the “FPO Summit on ACCESS TO FINANCE AND MARKET

ACCESS Development Services, under its CSR Programme named MANDI (Mainstreaming Agriculture through Networks and Development Initiatives), funded by the Mastercard Centre for Inclusive Growth, successfully organized the “FPO Summit on ACCESS TO FINANCE AND MARKET.” The event took place on March 19th, 2024, at the prestigious Don Bosco Institute of Management, Joypur, Kharghuli Hills, Guwahati. The summit aimed to connect 30 Farmer Producer Companies (FPCs) from Assam and the North East with Financial Institutions and Key Market players, fostering growth and collaboration in the agricultural sector. This platform provided FPOs with the opportunity to interact with ecosystem players, explore avenues for development, and forge meaningful partnerships.

The event was graced by esteemed dignitaries, including PVSLN Murty, Chairman and Managing Director of North Eastern Development Finance Corporation Ltd, who attended as the chief guest. Nabin Kumar Roy, General Manager of the National Bank for Agriculture and Rural Development, also participated as a Special Guest, highlighting the importance of financial inclusion and market access for rural development. In addition to government representatives, the summit witnessed the presence of key stakeholders from the financial sector, including Samunnati, Rang De, FWWB, and NABKISHAN, who shared insights on financial solutions tailored for the agricultural sector. Key Market Players such as SV Agri, aQysta, NutrigoNatura, and Ashroy Foods also participated, showcasing innovative products and services to support agricultural development.

Representatives from key Cluster Based Business Organizations including ATMS, Margdarshak Financial Services, and IIE, added to the diversity of perspectives and expertise present at the summit, enriching the discussions and networking opportunities. The “FPO Summit on ACCESS TO FINANCE AND MARKET” served as a catalyst for driving sustainable growth and collaboration in the agricultural sector, empowering FPOs to navigate the evolving landscape of agricultural financing and market access.

By Business Correspondent