Uttarakhand Apple farmers become shareholders in JV

Annamrit Farmers as Owners Foundation Uttarakhand, Fresh food Technology New Delhi & Jagdamba Samiti jointly took an initiative to transform farmers into owners by giving ownership share certificates to 100 apple farmers
Uttarakhand Apple farmers become shareholders in JV

In a unique initiative-“The Apple Project Uttarakhand” nearly 100 farmers got ownership rights in a venture. The joint initiative of Annamrit Farmers as Owners Foundation Uttarakhand, Fresh food Technology, New Delhi and Jagdamba Samiti has brought cheers to local farmers in Uttarakhand.

Recently at a function, share certificates of the Joint venture companies were transferred to the farmers. The joint venture is known as “The Apple Project Uttarakhand”.

Laxmi Prakash Semwal, Founder of ‘Annamrit Farmers as Owners’ said, “It gives us immense pleasure to share that our endeavors in the path of building the eventual farmers owned Agri-value chain business through a socio-economic organization and creating a win-win situation for all the stakeholders of this value chain have been successful at various levels.”

In 2007, various Farmer Development trusts of Uttarakhand collectivized the apple growers of different regions, who were facing the main problem of getting the best price of their produce. Jagdamba Samiti & Fresh Food Technology, a Dutch Company with a family Foundation of Netherland, SHGW (social investor) came together to build a value chain for these apple growers and formulated as an Earn-out model which will eventually transfer the ownership of the value chain to the farmers. The profits of these JV companies have been distributed to farmers from time to time in terms of the Premium and the social investment has also been fully paid back through FFT India.

Vikas Khatri Advisor Yuva Foundation said, “In 2011 when we came to know about such initiative it was looking like a dream but now we realize that if you have a determination then everything is possible. Due to such imitative farmers are free from brokers and earning good from the fruit cultivated by them. Not only this today they are aware about the crop related diseases and the ways to make more cultivation. We appeal to the youth of country to participate in such programs so that our farmers can do well and our country may develop.”

For celebration of the same a two days share transfer event was organized on May 29 and 30 at Naugaon where ownership was given to 100 farmers. Vijaypal Singh Tomar, BJP Kisan Morcha, National President, Suresh Uniyal from Jagdamba Samiti, Edwin Willemsen from Fresh Food technology, Arun Semwal from Himalayan Fresh, Walter from Netherland, Yuva Foundation Chairman Shantanu Gupta, Senior Horticulture Officer IN. Sahay, Farmer Amar Singh Kafula, Smt. Anandi Rana, Anand Krishnan, Yuva Foundation Advisor Vikas Khatri, Praveen Singh, Pushkar Sharma along with a number of farmers from 9 villages attended the function.

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