THE ESTABLISHMENT OF farmer producer organisations (FPOs) was a great initiative started by the government of India in the early 2000s to help small and marginal farmers achieve economies of scale, increase their bargaining power by negotiating collectively, double their income, and reach the global markets. FPO is not a unique concept; similar models have been adopted in other countries like Mexico, Thailand, and China. It has helped their small farmers to enter the export market. In India, small and marginal farmers represent 86% of farmers, and they lack access to essential inputs, credit, modern technology, infrastructure, and are unable to connect to global sourcing firms/buyers.
To resolve such issues, the Indian government, in 2021, launched a new central sector scheme, Formation and Promotion of 10,000 Farmer Produce Organisations, with an allocation of ₹68,650 crore to form and promote 10,000 new FPOs nationwide. However, an ongoing survey by ICRIER, covering 43 FPOs and over 200 member farmers in spices (particularly turmeric) across six states, found that FPOs continue to face similar challenges in scaling up and accessing global markets, like the small and marginal farmers.
Denne historien er fra December 19, 2024-utgaven av Financial Express Chandigarh.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 19, 2024-utgaven av Financial Express Chandigarh.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Rural, q-comm boom may push FY26 retail hiring...
\"SALARIES OFFERED ARE at least 5-10% higher than industry standards, with companies also asking prospects if they are ready to migrate to other locations to fill up positions,\" Arora said.
Icra pegs CV sector growth at 3-5%
Upswing In Sight
Apple begins hiring for new India stores
Expansion Push
Sun to buy Checkpoint for $355 mn
THE DEAL WILL be made through an upfront cash payment of $4.10 per common share, a premium of about 66% to Checkpoint's last close on Friday, Sun Pharma said in an exchange filing.
Stop asking for tax cuts, Gadkari tells India Inc
UNION MINISTER NITIN GADKARI on Monday asked the industry not to perpetually demand a reduction in taxes as the government needs funds to implement welfare schemes for the poor.
Govt portal to give real-time data on job creation soon
THE GOVERNMENT IS likely to publish integrated real-time employment data on the 'Prayas' portal soon.
Demat account additions in Feb at 21-month low
THE ADDITION OF demat accounts in February fell to a 21-month low at 2.26 million, even though their total number surpassed the 190-million mark, according to data from CDSL and NSDL.
Top realtors corner LRD loans at cheaper rates
WITH THEIR CREDIT profiles rising despite largely stagnant interest rates, top commercial property developers have been able to borrow against rent receivables at a rate lower by 75-to-100 basis points in the past year.
Parliamentary panel on railways calls for PPP push
TO REDUCE ITS dependence on gross budgetary support (GBS) from the central government, the Parliamentary Standing Committee on Railways has urged the ministry of railways to intensify its focus on public-private partnership (PPP) projects.
India Adds 25.2 GW Solar Power in 2024
India added 25.2 gigawatts (GW) of solar power capacity in the calendar year 2024, significantly higher than the 8.3 GW installed in 2023, a recent report by Mercom on the solar market showed.
