Limited, or MAFCO, is a co-operative society that deals with the marketing of cotton.
Welcome to our lesson on MAFCO, the Maharashtra State Co-operative Cotton Growers Marketing Federation Limited. As the name suggests, it is a cooperative society that specializes in the marketing of cotton. This means that it helps cotton growers in Maharashtra state to sell their produce in an organized and efficient manner. Co-operative societies like MAFCO play a crucial role in the agricultural industry by ensuring fair prices and stable markets for farmers. Let's dive deeper into the functions and significance of MAFCO in the world of finance.
