Madhya Bharat Consortium of Farmer Producers company limited (MBCFPCL) is a state level conglomerate of farmer Producer company (FPC). Established in September,2014, MBCFPCL is a profit organisation and registered under Companies Act (Producer Company under section 581A in Part IXA of the Company Act 1956, as referred to under section 456 of the companies Act, 2013).
MBCFPCL deals with crops mainly : Wheat (including M.P Sharbati and Durum both), Gram (Kabuli, dollar & Kanta), Pigeon Pea, Lentil, Black Gram, Green Gram, Soybean (RTRS), Cotton (Including Better Cotton) & Maize (Yellow Bold) Poultry Preferred Maize, Rice (Organic and RCI), Small Millets (Kodo Kutki), Niger, Mustard, Linseed , Spices- Coriander, Chilli and turmeric , Vegetables – Onion, Garlic, Tomato and Ginger
Madhya Bharat Consortium of Farmer Producers Company Limited (MBCFPCL) was incorporated on 18th September 2014 at Bhopal of Madhya Pradesh State of India. It was registered under Part IXA and section 581B of Company Act 1956 which is also known as Company (amendment) Act 2002. It is an advance version of Cooperatives Act formally known as Producer Company Act 2002 which is hybrid of cooperatives and company Act. This organization was jointly promoted by Government Organization like Small Farmers Agribusiness Consortium (SFAC), MoA & Cooperartion, GoI, New Delhi, Dept of Farmer Welfare & Agri Development, Govt. of M.P, MP State Rural Livelihood Mission (MPSRLM) & Lead Dev. Organizations like Rabo Bank Foundation, ASA, Vrutti, ADS, IGS, MCM along with others
MBCFPCL currently has 102 member & share holder FPCs + 47 cooperatives as a business members working in over 43 districts of Madhya Pradesh. MBCFPCL is covering more than 2.24 Lakh small and marginal farmers through networks of member FPOs & Dealers
Facilitated release of funds to FPOS under SFAC equity grant amount INR 70.00 Lakh, and 300 lakh under SFAC credit guarantee scheme for 5 FPOs
Facilitated sanction & release of Rs 324 Lakh- for 15 FPOs for development of grading, processing, storage, marketing and Farm machineries custom hire facilities under RKVY
Other supports provided to FPOs: Supports extended to FPOS for MIS management, business management support & compliances of all statutory requirements as per norms,
3 trainings provided to the functionaries of MBCFPCL and BoDs of members of FPOs – On Governance & accounting system, inventory & business management. One Inter-state and two within state exposure visits organized for the BoDs & functionaries of the member FPOS