Tax Glossary Definition
IFFCO, short for Indian Farmers Fertilizer Cooperative Limited, is a large multi-state cooperative society engaged in the extensive production and marketing of fertiliser.
Scenario:
A farmer in Uttar Pradesh needs urea and NPK fertilizers for wheat and rice crops.
The farmer purchases fertilizers produced by IFFCO from a local cooperative society.
IFFCO’s supply chain ensures timely delivery, quality assurance, and technical guidance on fertilizer usage.
Impact:
Improved crop yield
Reduced dependency on informal fertilizer sources
Enhanced income and sustainability for farmers
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