Strong results for Suguna Group contract farmers: - Income 99% higher than for non-contract farmers in Uttar Pradesh, 18% higher in Rajasthan - Annual incomes at the similar levels in both states (~$5k median household income) - Loss incurred during COVID-19 was 64% less, Suguna absorbing some of the loss - 97% feel “highly or moderately secure” about the stability of their income from poultry while being a Suguna contractor Thank you Suguna team for positively impacting the lives of over 200,000 people (40,000 contract farmers and their families). Thank you Manfred and Asian Development Bank (ADB) colleagues for this study.
Contract poultry farming — farmers produce exclusively for one contractor. ADB's Brief explores the effects of this practice to the livelihood of small-scale Indian farmers and rural development.
Harsh Rajpal
5mo
Great Martin Lemoine and Suguna Group 👍 Good memories and experience working with you and ADB team on this partnership!
John Lamb
5mo
Important topic!
Partner, RevX Capital | Alum: McKinsey, Wharton, Andersen, Star TV, Snapdeal, Cardekho, EY, CA
5moHi Martin, great to see the post!! And great to see you have a nice footprint in India!! How are things? Would love to chat one of these days!! Been ages and ages! Will DM you separately.