What does SFAC mean? What is the full form of SFAC?
The Full Form of SFAC is Small Farmers’ Agribusiness Consortium.
SFAC is an exclusive Society focused on increasing incomes of small and marginal farmers through aggregation and development of agribusiness.
- SFAC has pioneered the formation and growth of Farmer Producer Organizations/Farmer Producer Companies, which is now being implemented across the length and breadth of the country. SFAC is progressing towards establishing an eco system for FPOs/FPCs to make them sustainable and viable in the long run.
- SFAC offers Schemes like Equity Grant and Credit Guarantee Fund Scheme to FPCs to improve availability of working capital and development of business activities.
- SFAC promotes development of small agribusiness through its VCA Scheme for value added processing and marketing linkages.
- SFAC is also implementing the National Agriculture Market Electronic Trading (e-Nam) platform. The purpose is to provide for a single unified market for agricultural products with much higher price discovery for farmers.
SFAC
means
Small Farmers’ Agribusiness Consortium
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