Objectives & Eligibility Criteria for Equity Grant Fund
Objectives of Equity Grant Fund The Equity Grant Fund has been set up with the primary objectives of: Enhancing viability and sustainability of FPCs; Increasing credit worthiness of FPCs; Enhancing the shareholding of members to increase their ownership and participation in their FPC. Eligibility Criteria An FPC shall be eligible to apply for Equity Grant under the Scheme based on its fulfilling the following criteria: It is a duly registered Farmer Producer Company. It has raised equity from its Members as laid down in its Articles of Association. The number of its Individual Shareholders is not lower than 50. Its …