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To Harvest Enterprise -Lola Nayar

-Outlook A tax holiday is expected to push more farmers to turn entrepreneurial The Budget’s announcement of a five-year tax holiday for Farmer Producer Organisations (FPOs) with a turnover of up to Rs 100 crore came as a relief to the thousands of farmers who are members of around 4,000 such companies in the country.  In December 2017, a sizeable number of farmers gathered at a national conference org­anised in Pune were...

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Agri Ministry wants tax exemption for FPOs

-The Hindu Business Line Women farmers face the brunt; GST adds to their woes New Delhi: The Agriculture Ministry has written to the Finance Ministry seeking income-tax exemption for farmer produce organisations (FPOs), particularly for those that are registered as farmer producer companies (FPO) under the Companies Act. “These FPOs were brought in to negotiate the problems that are faced by cooperative societies. So they are naturally eligible for all the benefits that...

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Ryot Empowerment: Giving effective voice to rural producers through FPOs

-The Indian Express Farmer producer organisations have truly taken off. Now’s the time to create their own lobbying platform. In the summer of 2011, as the managing director of the Small Farmers’ Agribusiness Consortium (SFAC), an autonomous society under the Union Agriculture Ministry, I addressed a group of Uttar Pradesh government officials in Lucknow. My hosts politely sat through my presentation and near-evangelical pitch, as I pushed the idea of promoting farmer...

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Farmers are using futures contracts to counter price risks -Sayantan Bera

-Livemint.com According to NCDEX, over 25,000 small and marginal farmers from 13 FPOs have successfully hedged their crops on its trading platform in the past 10 months New Delhi: In a bumper crop year when farmers across the country have been battered by lower crop prices, farmers’ groups are using futures contracts to hedge against price dips during the harvest season. For instance, Samriddhi Mahila Crop Production Co. Ltd, a farmer-producer organization (FPO)...

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e-NAM - a long way to go -Rajalakshmi Nirmal

-The Hindu Business Line The electronic-National Agriculture Market is a sound idea but implementation is at a nascent stage Farmers in Telangana staged a protest last Monday, demanding discontinuation of the electronic-national agriculture market (e-NAM) platform and restoration of the previous platform provided by NCDEX e-Markets. It followed the failure of the software to accommodate the heavy volumes of the peak season arrivals, beginning with maize and soyabean. The Agriculture Produce Marketing Committee (APMC)...

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