Walmart Foundation announces two new grants to help India’s smallholder farmers

Image Source : PTI

Walmart Foundation announces two new grants to help India’s smallholder farmers

Walmart Foundation, the philanthropy arm of retail main Walmart, on Thursday introduced two new grants, totalling USD 4.5 million (round Rs 33.16 crore) to help enhance farmer livelihoods in India. The new grants will help two NGOs — Tanager and PRADAN — to additional scale their efforts to help farmers earn extra from the improved output and truthful market entry, Walmart stated in a press release.

Both grantees will deal with growing alternatives for girls farmers by way of farmer producer organisations (FPOs), it added. In the most recent spherical of Walmart Foundation grants, worldwide non-profit organisation Tanager will obtain over USD 2.6 million to prolong its Farmer Market Readiness Program and help farmers in Andhra Pradesh.

Delhi-based PRADAN will obtain USD 1.9 million to launch its Livelihood Enhancement by means of Market Access and Women Empowerment (LEAP) program in West Bengal, Odisha and Jharkhand in japanese India. LEAP will deal with supporting ladies to work in FPOs to undertake new farming practices, diversify and intensify their output, and embark on worthwhile farming-related companies.

“With these two new grants, the Walmart Foundation has invested a total of USD 15 million with eight non-government organizations (NGOs) in India, supporting programs designed to impact more than 1,40,000 farmers, including nearly 80,000 women farmers, to date,” it stated.

These new grants are part of Walmart’s dedication in September 2018, to make investments USD 25 million (round Rs 180 crore) over 5 years for bettering farmer livelihoods in India. “The 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,” Walmart Foundation President and govt vp and chief sustainability officer of Walmart Inc Kathleen McLaughlin stated.

McLaughlin additional stated “we at the Walmart Foundation and our grantee partners are focused on supporting farmers to increase their resilience and sustainability for a better future.” Walmart Foundation works with NGOs that assist farmer producer organisations to develop their capabilities and scale to extra members. The general goal is to help FPOs develop data of sustainable farming practices, share enterprise finest practices, add worth to main agricultural commodities and enhance entry to finance and markets.

“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,” stated Kalyan Krishnamurthy, Flipkart Group CEO and a member of the Walmart Foundation Board of Directors.

NGOs and their FPO companions proved vital throughout India’s COVID-19 lockdown and with the assist of the Walmart Foundation, they have been in a position to mobilise to meet pressing wants for meals and hygiene provides, organise protected gross sales channels, assist harvesting operations, and proceed with coaching packages and initiatives, the assertion stated. 

Latest Business News

Fight in opposition to Coronavirus: Full protection


Back to top button