In a major news that will positively impact farmers, it has been revealed that the Walmart Foundation will invest $25 million (approximately Rs. 180 crores) over 5 years in improving farmer livelihoods in India

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The new funding, which totals $4.5 million, will allow non-profits Tanager and PRADAN to further scale their efforts to help farmers earn more from improved output and fair market access.

Both grantees will focus on increasing opportunities for women farmers via farmer producer organizations (FPOs).

Kathleen McLaughlin, President, Walmart Foundation said: “The global COVID-19 pandemic has increased pressure on India’s farmers, especially women farmers shouldering extra responsibilities in the household while seeing their incomes diminish overnight. We at the Walmart Foundation and our grantee partners are focused on supporting farmers to increase their resilience and sustainability for a better future.”

Kalyan Krishnamurthy, CEO, Flipkart said “There is huge potential for innovative technology solutions to help farmers in India improve productivity and yield, access valuable market information and succeed as part of a more efficient and transparent supply chain. FPOs are key to the Foundation’s strategy for empowering farmers and bringing them into the digital era.”
 

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With these two new grants, the Walmart Foundation has invested a total of $15 million with 8 NGOs in India, supporting programs designed to impact more than 140,000 farmers, including nearly 80,000 women farmers, to date.

by Daanish Anand