Empowering Farmers: Inauguration of Sastamcotta Farmer Producer Company

A Grand Inauguration Event

The Masters Farmer Producer Company was officially inaugurated by Union Minister of State for Foreign Affairs, V. Muraleedharan, on October 29, 2023, at Gemini Hall, Sastamkotta. The event was presided over by Kunnathur MLA, Kovoor Kunjumon, and featured a special address by Kodikkunnil Suresh, MP of Mavelikara, who emphasized the vital role of farmer cooperatives in strengthening the agricultural economy.

Insights on Insurance Coverage for Farmers

The event also featured an informative session on insurance coverage for farmers, delivered by Mary K. Alex, Deputy Director of Agriculture Credit, Pathanamthitta. She shed light on the benefits of agricultural insurance, the hurdles in accessing coverage, and ways to overcome these challenges. Her address emphasized the need for financial security in farming, ensuring that farmers can mitigate risks and sustain their agricultural ventures even in times of adversity.

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Distribution of Share Certificates

To mark the official launch, share certificates were distributed to the stakeholders, giving farmers direct ownership and participation in the company’s operations. This step ensures that farmers collectively benefit from market linkages, resource-sharing, and government support programs.

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