06 August 2024, New Delhi: The Government of India is implementing the Central Sector Scheme (CSS) for the “Formation and Promotion of 10,000 Farmer Producer Organisations (FPOs)” scheme to form and promote 10,000 new FPOs. As of 30th July 2024, 8875 FPOs have been registered across the country.
Under the Central Sector Scheme (CSS) for the “Formation and Promotion of 10,000 Farmer Producer Organisations (FPOs)”, the total paid-up capital to the above-mentioned FPOs is Rs.630.3 Crore. As of 30th June 2024, a cumulative amount of ₹210.1 Cr. was released to eligible FPOs as a matching equity grant under the aforesaid 10,000 FPOs scheme.
As per clause 4.7 of operational guidelines, “While adopting a cluster-based approach for produce or produce mix, formation of FPOs will also focus on “One District One Product” approach for the development of product specialization, in case the focused agriculture produce has been declared for that district, whereby FPOs will be encouraged for promoting processing, branding, marketing and export of the product for better value realization. There may be more than one cluster for one product in one district and a cluster also may extend beyond a district. However, the FPOs will also have additional product and service mix; so that there are enough activities and engagements with the members throughout the year. Furthermore, FPOs can federate at the district level, State level & National level for the product identified as per their requirement of processing, branding and marketing.”
The scheme provides support for a credit guarantee fund, under which loans worth Rs.50.4 crores have been issued to these FPOs. As of 30th June 2024, 19,68,868 shareholder farmers registered in FPOs formed & promoted under the 10,000 FPOs scheme. As of 30th June 2024, 6,374 CEOs were appointed in 8,875 registered FPOs under the scheme.
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