Minister of State for Food Processing praises private sector for boosting growth in agriculture and FP sectors
The summit included leaders in the government, trade associations, charities, suppliers, retailers and other people who are driving activities all through all territories of the agriculture inventory network
FICCI Aditya Birla CSR Center for Excellence together with Walmart.org held a summit on ‘Strengthening Agri Systems: Road to supporting smallholder farmers and boosting incomes’ yesterday.
The summit included leaders in the government, trade associations, charities, suppliers, retailers and other people who are driving activities all through all the territories of the agriculture inventory network from farm to fork and engaged key stakeholders across the sector to address the barriers faced by smallholder ranchers and rancher maker associations (FPOs).
The occasion was inaugurated by Mr Rameswar Teli, Minister of State for Food Processing Industries, Government of India. Conveying the occasion’s keynote address Mr Teli stated, “I laud Walmart for its Rs 180 crore ($25 million) commitment towards strengthening the Indian farm sector. The private sector is playing a strong role in aiding development in the agriculture and food processing sectors. These will play a major role in the Government’s vision of doubling farmer incomes by 2022.”
While Mr Vivek Aggarwal, Joint Secretary (Crops & IT) & CEO-PM KISAN, Ministry of Agriculture and Farmers Welfare, Government of India was quoted saying, “All stakeholders, across the private and public sectors, must work together to enable better prices for farmers and help them access markets across India. This will necessitate the intervention of private sector players and for India’s FPO movement to prioritize remunerative prices for the farming community.”
Extending its responsibility to improve farmers’ vocation in India, the Walmart Foundation today reported $4.8 million (about Rs 34 crore) in awards to Digital Green and TechnoServe to empower programs that help smallholder ranchers approach agriculture innovation, preparing on reasonable rancher techniques, upgraded access to formal markets, and expertise and limit working for rancher maker associations (FPOs).
These awards are a piece of the Walmart Foundation’s responsibility made in September 2018 to contribute $25 million (about Rs 180 crore) throughout the following five years to improve rancher employments in India. Separate from this responsibility, Walmart India likewise reported it would develop its direct sourcing from ranchers to 25 percent of produce sold in its Cash and Carry stores by 2023.
Ms Kathleen McLaughlin, Walmart Foundation President and EVP, Chief Sustainability Officer of Walmart said, “Today’s grant announcement builds upon the Walmart Foundation’s efforts to increase economic opportunity for smallholder farmers and their families while promoting sustainable farming practices and the empowerment and inclusion of women.”
Adding to it she said, “The work being accomplished by our grantees and their partners is inspiring. We hope the Walmart Foundation’s commitment, alongside the work of Walmart and Walmart India’s direct farm sourcing teams, will help drive real momentum in sustainable agriculture development in India and we encourage others to join us in our commitment.”
The event additionally included involvement by senior authority from Walmart India and Flipkart Group. Stay tuned for further updates.