The Walmart Foundation’s grant of $1.3 million (approximately Rs. 9 crores) to Digital Green will help develop ‘Farmstack’, a digital data platform designed to provide better services for and enhance the livelihoods of Andhra Pradesh farmers, specifically targeting lower-income communities in farmer producer organizations. "The Walmart Foundation's support furthers our mission of using digital tools to amplify the impact for smallholder farmers, who are the backbone of India's agri-economy. We're grateful for the opportunity to work with smallholder farmers in improving their own livelihoods and those of others in their community, in a manner that’s nutrition-sensitive, climate-resilient, and inclusive," Vinay Kumar, Managing Director, Asia, Digital Green said.
TechnoServe will use its $3.5 million grant (approximately Rs 25.2 crores) to help develop and train up to 20 FPOs and facilitate market linkages by setting up procurement and aggregation systems. The program will also focus on training women smallholders to help expand their market options, as well as extend support to smallholder farmers on sustainable agriculture practices. With this funding, TechnoServe aims to boost incomes for 25,000 farmers (50% of whom will be women).
"Increasing farmer incomes is a powerful call to action. Sustainable agricultural practices, market linkages, and effective management at the FPO level can boost smallholder farmers’ inclusion, incomes, and livelihoods across India. With the support of the Walmart Foundation, we look forward to building on our decade-long experience creating lasting change in the country’s agricultural sector,” said William Warshauer, CEO of TechnoServe.
Today’s announcements were made at the ‘Strengthening Agri Systems: Road to supporting smallholder farmers and boosting incomes’ Summit,’ which was jointly organized by Walmart.org and Federation of Indian Chambers of Commerce and Industry (FICCI) in New Delhi. The summit includes leaders in the government, trade organizations, nonprofits, suppliers, retailers and others who are leading initiatives throughout all areas of the agriculture supply chain, from farm to fork, and aims to help engage key stakeholders across the sector to address the barriers faced by smallholder farmers and farmer producer organizations (FPOs).
The event was inaugurated by Hon’ble Shri Rameswar Teli, Minister of State for Food Processing Industries, Government of India.
Delivering the event's keynote address Shri Teli said, “I laud Walmart for its Rs. 180 crore ($25 million) commitment towards strengthening the Indian farm sector. The private sector is playing a strong role in aiding development in the agriculture and food processing sectors. These will play a major role in the Government's vision of doubling farmer incomes by 2022."
Shri Vivek Aggarwal, Joint Secretary (Crops & IT) & CEO-PM KISAN, Ministry of Agriculture and Farmers Welfare, Government of India, who was also present, said, “All stakeholders, across the private and public sectors, must work together to enable better prices for farmers and help them access markets across India. This will necessitate the intervention of private sector players, and for India’s FPO movement to prioritize remunerative prices for the farming community.”
Summarizing the ethos of the event, Jyoti Vij, Deputy Secretary General, FICCI said: “We need to create an enabling environment for consolidating smallholder farmers by connecting consumers with producers, thus creating a sustainable production and consumption ecosystem. To achieve this, efforts are required to create strong market linkages, bring scientific storage technologies and efforts towards consolidation of produce by strengthening models such as FPOs. FICCI is fully committed to this cause and is directing efforts to achieve this endeavor. Discussions such as today's Summit are important to spur greater interventions in this area.” The event also included participation by senior leadership from Walmart India and Flipkart Group.
Walmart Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, over 275 million customers and members visit our more than 11,300 stores under 58 banners in 27 countries and eCommerce websites. With fiscal year 2019 revenue of $514.4 billion, Walmart employs over 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com, on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart.
About Philanthropy at Walmart
Walmart.org represents the philanthropic efforts of Walmart and the Walmart Foundation. By leaning in where our business has unique strengths, we work to tackle key social issues and collaborate with others to spark long-lasting systemic change. Walmart has stores in 27 countries, employing more than 2 million associates and doing business with thousands of suppliers who, in turn, employ millions of people. Walmart.org is helping people live better by supporting programs that work to accelerate upward job mobility for frontline workers, address hunger and make healthier, more sustainably-grown food a reality, and build strong communities where Walmart operates. To learn more, visit www.walmart.org or find us on Twitter @walmartorg.
About Digital Green
Digital Green is a global development organization that empowers smallholder farmers to lift themselves out of poverty by harnessing the collective power of technology and grassroots-level partnerships. We join forces with governments, private agencies and, most importantly, rural communities themselves to co-create digital solutions that are of the community and for the community.www.digitalgreen.org
TechnoServe is a leader in harnessing the power of the private sector to help people lift themselves out of poverty. A nonprofit organization operating in 29 countries, we work with enterprising men and women in the developing world to build competitive farms, businesses, and industries. By linking people to information, capital, and markets, we have helped millions to create lasting prosperity for their families and communities. With 50 years of proven results, TechnoServe believes in the power of private enterprise to transform lives. www.technoserve.org