Govt achieves goal of setting up of 10,000 farmer producer organisations

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Govt achieves goal of setting up of 10,000 farmer producer organisations - Business Standard

Quick Summary:

The central scheme for Formation and Promotion of 10,000 FPOs" was launched on February 29th 2020 with a budget outlay of Rs 6,865 crore till 2027-28.

"As India moves forward, the continued support and expansion of FPOs will be instrumental in shaping a self-reliant, efficient, and prosperous agricultural ecosystem," the ministry said in a statement.

The 10,000th FPO, registered in Khagaria district in Bihar, focuses on maize, banana and paddy and was launched recently by Prime Minister Narendra Modi.