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Farmers' association supports retail FDI.

Business Line

| November 29, 2011 | COPYRIGHT 1999 Kasturi & Sons Ltd. (Hide copyright information)Copyright

Byline: Our Bureau

Indian Farmer and Industrial Alliance (IFIA), a joint venture of Consortium of Indian Farmers Associations (CIFA) today said the Government move to allow 51 per cent FDI in retail will be helpful to the farm community as it would provide backward and forward linkages.

Contrary to the general perception that this would be detrimental to the interest of farmers, it will help them in establishing producer groups and supplying them to retailers directly. More importantly it will eliminate middlemen at various levels in the chain, Mr P. Chengal Reddy, Secretary General of CIFA, said.

He said that no MNC can take a farmer for a ride as he knows …

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