Walmart foundation invests nearly us$2m in ‘farmer market readiness program’ in india
Thursday, 2018/07/05 | 08:45:54
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Figure: (L-R) Rajneesh Kumar, Chief Corporate Affairs, Walmart India, Paul Dyck, Walmart Vice President of Global Public Policy and Government Affairs, Dr Peter Carberry, Director General (Acting), ICRISAT, Dr Arabinda Kumar Padhee, Director, Country Relations and Business Affairs, ICRISAT, Amit Chakravarty, Chief of Staff, ICRISAT, and Sunita Patnaik, General Manager, Corporate Affairs, Walmart India, at the meeting in New Delhi.
ICRISAT News
New Delhi, 27 June 2018― Over 6000 farmers in Andhra Pradesh will move to an improved business model for better value chains and better incomes through an intensive two-year project supported by the Walmart Foundation in partnership with ICRISAT.
At a meeting in New Delhi, senior representatives from Walmart and the International Crops Research Institute for the Semi-Arid Tropic (ICRISAT) launched ICRISAT’s program focussed on two key national priorities: doubling farmers’ incomes and addressing malnutrition in rural areas. Over the next two years, ICRISAT will work in Andhra Pradesh’s dryland farming areas with 6,100 smallholder famers, 2,000 of whom are women. The project will set up community-based millet and legume processing facilities, provide access to training and more productive plant varieties and educate buyers in the market about the nutritional value of grain legumes to help boost demand.
Walmart Foundation has granted close to US$2 million to the project as part of an ongoing initiative to improve market access for India’s smallholder farmers. Funds from Walmart Foundation of close to $4 million have now been allocated to projects in Andhra Pradesh within the past six months. |
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