The “Scheme for Formation and Promotion of Farmer Producer Organizations (FPOs)” is the program that offers financial assistance for the creation of farmer producer organizations (FPOs) in India. The Department of Agriculture, Cooperation & Farmers Welfare, Government of India, is in charge of carrying out the program.
The Scheme for the Formation and Promotion of Farmer Producer Organizations has the following primary goals:
Promote the formation and development of Farmer Producer Organization (FPOs): The initiative intends to promote FPO formation and growth. FPOs are collective organizations created by farmers to raise their income, market access, and bargaining strength. The program offers financial help for the creation and operation of FPOs.
Institutional Development: The plan is centered on the establishment of FPOs‘ institutional frameworks. It offers assistance with tasks including registration, capacity building, organizational growth, governance, and bolstering FPOs‘ internal processes. In order to improve the management and operation of FPOs, this includes providing financial support for training programs, workshops, exposure visits, and professional services.
Infrastructure and Equipment: The program offers financial assistance for the construction of necessary infrastructure and the purchase of equipment for FPOs. Support for the construction of shared facilities such storage facilities, processing units, grading units, packaging units, and marketing infrastructure is included in this. Additionally, financial support is given for the acquisition of machinery, tools, and vehicles needed for FPO operations.
