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PI Industries, a leading agri-sciences based company, along with Innovative Financial Advisors (Fiinovation), and Harsha Trust, a not-for-profit organisation has extended their CSR (corporate social responsibility) intervention for another two years in Rayagada district in Odisha. Began in 2017, the intervention aims at enhancing agri-based farm income of small and marginal farmers by adopting Good Agricultural Practises (GAP) and market-led interventions. The project has till date benefitted 1,300 farmers from 45 villages of Rayagada district.
Based on a comprehensive impact assessment conducted by Fiinovation, achieving sustainability becomes the focal point of the project extension. As part of the extension, two Farmer Producer Organisations (FPO) will be set up in the targeted two blocks of Kalyansingh and Bissam Cuttack of Rayagada district. These FPOs will ensure integration of small farmers in the agricultural value chain by training them on ways to increase crop productivity in a sustainable manner and by adopting and promoting usage of good quality inputs and services.
Speaking on the occasion, Dr. Soumitro Chakraborty, CEO, Fiinovation said, “Small producers do not have the large marketable surplus individually (both inputs and produce) to get the benefit of economies of scale. The planned FPOs in these areas will provide the necessary inputs to the members and also serve as knowledge delivery institutions for the farmers.”
Fiinovation, a global consulting firm operating in multiple disciplines of the social development sector with an emphasis on CSR and sustainability. Fiinovation offers end to end CSR consulting services and simplified solutions that has helped various corporations channelise their resources for the upliftment of community on societal, economic and ecological aspects in accordance to their CSR charter.
Incorporated in 1947, PI Industries focuses on complex chemistry solutions in agri-sciences. The Company maintains a strong research presence through its R&D facility at Udaipur, where it has a dedicated team of scientists and chemists. Over the years, the Company has successfully leveraged its capabilities across the agri sciences value chain by providing integrated and innovative solutions to its customers by partnering with the best.