CBBO Conference: Minister Says Takeovers Change Lives of Farmers
Commending the performance of the FPOs, Union Agriculture Minister Narendra Singh Tomar said that the FPOs have started business transactions and the Union Agriculture Minister has launched the logo of the program of FPOs. 10,000 FPOs.
Indian agriculture is dominated by small marginal farmers whose average farm size is less than 1.1 ha. These small and marginal farmers, who represent more than 86% of total land holdings, face enormous challenges in both production and post-production scenarios.
The collectivization of these producers through the formation of FPOs is very important to meet these challenges and improve their income. Conscious of the need to train and promote OPFs across the country, the government has formulated a program dedicated to the central sector “Training and promotion of 10,000 agricultural producer organizations (OPFs)” and the same was launched by the Prime minister in 2020 in Chitrakoot (UP) for implementation. , pointed out Tomar.
Under the scheme, there is provision for financial support of up to Rs.18.00 lakh per FPO for 3 years as management fees to make them sustainable and economically viable. To strengthen the financial base of FPOs and enable them to benefit from unsecured loans, there is also provision for matching capital grants of up to Rs. 2000/- per member with a ceiling of Rs, 15 lakh/FPO and credit guarantee facility up to a bankable project loan of Rs. 2.00 crore respectively, the minister said.
Giving details, the minister said more than 5.87 lakh farmers have been mobilized under the scheme. About 3 lakh farmers have been registered as shareholders of FPOs. The capital contribution of farmer members is INR 36.82 crore. The total capital of the FPOs including the capital grant released is INR 50 crore. 201 women-focused FPOs have been registered. 481 FPOs registered in tribal districts.
Representatives of 265 CBBOs made up of 13 implementing agencies were invited to the conference. All 13 implementing agencies, senior state government officials dealing with FPOs were also invited.
The inaugural session of the conference was also delivered by Mrs. Neelkamal Darbari, Managing Director, SFAC, Dr. GR Chintala, Chairman of NABARD, Dr. Abhilaksh Likhi, Additional Secretary, Agriculture and Dr. Vijaya Lakshmi Nadendla, Joint Secretary (Policy and marketing), Agriculture.