My question is : will this move make sure that farmer gets benifited more than now?? Hope so.There are big plans being drawn up to link India’s farms to the world markets by companies, particularly those venturing into the domestic retail sector like Reliance, Godrej, Field Fresh (Sunil Mittal’s 50:50 joint venture with Rothschild), Snowman Frozen Food, a joint venture with the Mitsubishi group, Amalgam foods and HLL, Radhakrishna Group, DCM Sriram, Gufic Labs, Jain Irrigation, Tata Group, Godrej, Dabur, Blue Star and Voltas, among others.
Tax incentives being given by the government for food processing, including income tax and excise holidays for industries involved in the processing of fruits and vegetables have led to interest in the sector. These companies are establishing direct contact with farmers to source their requirements, by eliminating middlemen, and cutting down costs to offer higher yields to farmers.
Wednesday, March 29, 2006
According to this news: