e-technology in the aid of farmers Issues

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FARMER PRODUCER ORGANIZATIONS (FPOs)

Union Ministers for Agriculture celebrated the first anniversary of the Central Sector Scheme on “Formation & Promotion of 10,000 Farmer Producer Organizations (FPOs)”.

Important points:

• The scheme was launched by Prime Minister on 29.02.2020 at Chitrakoot (Uttar Pradesh) with a budgetary provision of Rs 6865 crore.
• FPOs will make farming more viable by aggregating land.
• More than 2200 FPOs produce clusters have been allocated for the formation of FPOs in the current year, of which 100 FPOs for specialized Organic produce, 100 FPOs from Oilseeds & 50 commodity-specific FPOs with value chain development will be formed.
• Implementing Agencies (IAs) are engaging Cluster-Based Business Organizations (CBBOs) to aggregate, register & provide professional handholding support to each FPO for a period of 5 years.
• CBBOs will be the platform for an end to end knowledge for all issues related to FPO promotion.
• FPOs will be provided financial assistance up to Rs 18.00 lakh per FPO for a period of 03 years.

SOURCE:PIB,THE HINDU