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Farmer Producer Organization - India

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Farmer Producer Organization - India

Any individual involved in a close-knit or related activity to the primary producers is referred to as a producer. Therefore, all of the following are collectively referred to as a Producer Company.

Producing, gathering, purchasing, sorting, pooling, managing, promoting, reselling, exporting the main producers of the members, or importing products or services

Aims of Producer Company:

  • The primary focus of the producer firm is the output of its active members. It may engage in any of the aforementioned actions on behalf of the members, either directly or indirectly, through third parties.
  • Its members' output is processed through preservation, drying, distillation, brewing, vinification, canning, and packing.
  • Manufacture, sale, or provision of equipment, machinery, or supplies, mostly to its members
  • To its members and others, impart knowledge of the mutual help idea.
  • provide technical assistance, consulting, training, R&D, and other services as needed to further the interests of its members.
  • Promoting its members' interests through activities
  • Power generation, transmission, and distribution, the resuscitation of water and land resources, and the use of communication and conservation are all related to the primary production.
  • Manufacturers' insurance or protection for their main products
  • promoting strategies for cooperation and reciprocity
  • Facilities or welfare programs for members as determined by the board
  • Any additional, parallel, or related activities that further the values of cooperation and mutual aid among the members in a new way are encouraged.

As part of the formation and promotion of the 10,000 Farmer Producer Organization (FPO) Scheme, the Ministry of Agriculture and Farmers Welfare published New Guidelines for the Farmer Producer Organization. According to the updated criteria, Cluster-Based Business Organizations must provide handholding for five years for FPOs registered under either the Companies Act, 2013, or the Cooperative Societies Act of the States (CBBOs). Additionally, the government offers equity grants and a credit guarantee fund to help FPOs. The scheme's main goal is to effectively strengthen the ability of FPOs to help them learn agro entrepreneurial skills so they may become self-sufficient and economically successful. The New Guidelines for Farmer Producer Organizations are briefly discussed in this article (FPO).

Click here to know more about the farmer producer company registration process

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