Current Affairs - Business - Discussion

Walmart Foundation announced that it is to invest Rs.180 crore in India over the next five years to improve farmers' livelihood. The funds would be used to support farmer organisations to develop knowledge of sustainable farming practices, share business best practices and add value to primary agricultural commodities. The money will also be used to improve access to finance and markets. Walmart India would grow its direct sourcing from farmers to 25% of the products sold in its Cash & Carry stores over the same period.