Government Seeking Increased Private Sector Participation To Support More Farmer Producer Organizations

Image
Capital Market
Last Updated : Sep 28 2018 | 1:50 PM IST

While the National Bank for Agriculture and Rural Development (NABARD) has supported over 4,000 farmer producer organisations (FPOs), the government is seeking increased private sector participation to support more farmer producer groups and link them with markets, Union Agriculture & Farmers' Welfare Minister, Radha Mohan Singh said at an ASSOCHAM event held in New Delhi yesterday.

Highlighting that farmers cannot get adequate price for their produce without value addition, he stated that adding value to the farm produce would make agriculture a remunerative proposition. Noting that there is a huge opportunity for conversion of farm produce into value added products, Singh said that focusing on value addition, processing, end-to-end management, input and output management, marketing and all these aspects would go a long way in realising government's commitment towards increase farmers' income.

Talking about government's achievements in farm sector, the Union Minister said that there is more awareness amid farmers countrywide about agricultural schemes floated during the tenure of present government unlike in the previous regime whereby reform process in the area of agriculture slowed down considerably.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 28 2018 | 1:24 PM IST

Next Story