Mahindra Farm Services | Accountability Console
Complaints IAMs Register Login

Loading...

Mahindra Farm Services

Sectors

Agribusiness

Description:

Projects in this Sector: 61

Browse Projects

Issues Raised

Consultation and disclosure

Description:

Projects with this Issue Raised: 451

Browse Projects

Environmental

Description:

Projects with this Issue Raised: 320

Browse Projects

Livelihoods

Description:

Projects with this Issue Raised: 275

Browse Projects

Other

Description:

Projects with this Issue Raised: 169

Browse Projects

Pollution

Description:

Projects with this Issue Raised: 200

Browse Projects

Project Information

Investment ID: 11230

Bank: IFC/MIGA

Environmental Category: B

Country: India

Region: South Asia

Approval Date: March 27, 2003

Investment Types: Equity

Total Project Cost: USD 610.0 million

Total Complaints: 4

Description

The objective of MSSL’s business model is to improve farming profitability and sustainability by increasing agricultural yields, reducing production costs and chemical pest control dependency. Current less-than-optimal production in India is attributable to the failure to integrate quality agriculture inputs, scientific farming techniques, mechanization, and finance. Indian farmers often do not trust existing input distribution channels because of the prevalence of poor business practices and spurious products. The public extension system’s reach is limited and the contribution of the private sector is typically motivated by the sale of specific products. MSSL’s intention is to become an agent for change in Indian agriculture through an integrated approach that will provide unbiased solutions oriented to individual farmer success. Moreover, the project will benefit the health and well being of farmers and the environment by promoting integrated pest management (IPM) and non-chemical methods and informed management of chemical products. Farmers will be able to access better and more appropriate and fair priced inputs, rental equipment, and extension services as well as assistance in marketing the crops through market information and brokerage services. Farmers will also have access to crop loans from commercial banks at reasonable interest rates enabling investment in modern agricultural techniques and migration to higher value crops. These benefits are likely to spread to non-participating farmers as they will observe the yield improvement and will consequently modify their own crop management techniques. The project is also expected to generate a substantial number of new jobs in rural areas. The venture is expected to cover 180 districts in India creating jobs for rural residents in the areas of agricultural extension, retailing, logistics, and farm equipment operations. In almost all cases the local agricultural service center will employ staff and contractor from the vicinity of the project.

Investments

Investment Type ID Amount Status Bank Client
Equity 11230 USD 220.0 million Planned IFC Mahindra Shubhlabh Services Limited

Implementers

Name Complaints Dispute Resolutions DR Successful Compliance Reviews Non-Compliance
Mahindra Group