-Financial Express The current guidelines may not inspire confidence among farmers on entering into collective enterprises. Prime minister Narendra Modi, in his address commemorating 75 years of the UN’s FAO, reiterated India’s commitment to enhance its farmers’ income. He also reiterated the resolve to create 10,000 additional Farmer Producer Organisations (FPOs), one of the main pillars in the proposed transformation of the agri-economy. Will his futuristic vision result in creation of successful...
More »SEARCH RESULT
APMCs losing trade share post reforms; crop arrivals fall as traders, farmers kick middlemen out -Nanda Kasabe and Deepa Jainani
-Financial Express Signs of a weakening of the Agriculture Produce Marketing Committee (APMC) networks are now evident across major farm production centres in the country, heralding an era of unfettered market access and bolstered bargaining strength for farmers. On June 5, the Centre promulgated three Ordinances reforming the country’s agriculture marketing, and their impact on the trade has been rather sudden and material: During the June 6-August 31 period, mandi arrivals of...
More »The harvest of collaboration -Vijay C Roy
-The Tribune Farmer producer organisations (FPOs) attempt to address problems faced by small and marginal farmers, such as dwindling income, rising input costs and decreasing landholding Perturbed about his dwindling farm income, Kamalvir Singh, a marginal farmer from the nondescript village of Sirkapra in Patiala district, registered Nojvan Farmer Producer Company Limited in 2017. The idea was to assist small and marginal farmers and raise their income by involving them in an...
More »67 per cent of 92 farmer-producer organisations' business hit due to COVID-19 lockdown: Survey
-PTI/ The New Indian Express About 49 per cent of the FPOs surveyed reported a shortage of finance, 11 out of 18 FPOs dealing in vegetable produce reported losses with a reduction of 35 per cent of sales. NEW DELHI: The nationwide coronavirus-induced lockdown has impacted business operations of 67 per cent of the 92 farmer-producer organisations (FPOs) spread across 48 districts of the country, according to a survey. An FPO, formed by...
More »Budget 2020-21: Govt to announce Rs 10,000-crore 5-year plan for FPOs -Prabhudatta Mishra
-Financial Express Budget 2020: The direct budgetary aid would be in the form of a grant equivalent to the equity capital of each FPO. Budget 2020: The government will likely announce a five-year scheme in the upcoming Budget, entailing a total support —both budgetary and indirect —of Rs 7,000-10,000 crore to honour its pledge of creating 10,000 farmer producers’ organisations (FPOs) and help boost their agricultural income. The direct budgetary aid would be...
More »