"After getting a raw deal from mandis and middlemen, farmers seem to have decided to tap markets directly. They will have an eye on the commodity exchanges as they aggregate produce from fellow farmer-promoters.

A few groups of farmers have formed six producer companies and registered their entities with the Registrar of Companies (RoC) as required by the Companies Act.

Corporates such as Reliance, ITC and Heritage, which are into retailing of agri products, too have been kept in the loop by National Bank for Agriculture and Rural Development (NABARD).".......Read More

Source Web Page: Hindu Business Line