Farmer Producer Companies
Maharashtra leads in FPO ease of doing business; Madhya Pradesh loses crown
Maharashtra has overtaken Madhya Pradesh as the state with the most supportive ecosystem for Farmer-Producer Organisations, according to the latest SOFPO report
 "Maharashtra leads in FPO ease of doing business; Madhya Pradesh loses crown")
Rajasthan govt mulling new policy for farmer-producer organisations
The Panch-Gaurav program focuses on one crop, one plant species, one product, one tourist spot, and one sport in each district
 "Rajasthan govt mulling new policy for farmer-producer organisations")
Over 35% FPCs process multiple documents for registration: Survey
Access to crop insurance and agricultural machinery was limited, with 50 per cent of FPCs lacking crop insurance and 61 per cent without access to agricultural machinery
 "Over 35% FPCs process multiple documents for registration: Survey")
Trade Connect e-Platform aims to raise India's exports market share: Goyal
The minister said the newer version of the platform will incorporate Hindi and other official languages of India
 "Trade Connect e-Platform aims to raise India's exports market share: Goyal")
Nearly 7,600 FPOs registered, 75% govt target, boosting farm productivity
Centre launched a Rs 6,865-crore scheme in 2020 to form and promote 10,000 FPOs by 2024
 "Nearly 7,600 FPOs registered, 75% govt target, boosting farm productivity")
Futures ban hurts farm produce firms using exchange platform to hedge risks
Companies say farmers have lost an important and certain source of income because of the suspension
 "Futures ban hurts farm produce firms using exchange platform to hedge risks")
Rajasthan farmers to get Rs 500 cr in FY24 to build greenhouses, shade nets
"In the next two years, there is a proposal to give a subsidy of Rs 1,000 crore to 60,000 farmers to promote protected farming," the official said
 "Rajasthan farmers to get Rs 500 cr in FY24 to build greenhouses, shade nets")
Walmart Foundation declares $2 mn grant for strengthening 60 women-led FPOs
Walmart Foundation on Thursday announced a USD 2 million (around Rs 16.32 crore) grant for a project that aims to transform 60 women-led farmer producer organisations (FPOs) into independent institutions over 30 months. The grant, given to the project 'PROWFIT' to be implemented by an NGO Pradan, will aim to empower nearly 120,000 women to create viable smallholder businesses with a total cumulative annual turnover of USD 32 million, it said. As part of the project, the FPOs will receive assistance to develop business plans, build necessary systems and processes, and implement governance systems for their ventures. In addition, they will also be provided technology and financial support through access to service partners and linkages with relevant national or state government programs to avail complementary aid. For example, under the central government's scheme 'Formation and Promotion of 10,000 FPOs', 29 FPOs from the project will be able to benefit with access to improved ...
 "Walmart Foundation declares $2 mn grant for strengthening 60 women-led FPOs")
ITC cooks up a storm, sets up 12 cloud kitchens and 48 brand outlets
A key lever of the ITC Next strategy is to spot new opportunities at the intersection of digital, sustainability and enterprise strengths
 "ITC cooks up a storm, sets up 12 cloud kitchens and 48 brand outlets")
Govt promoting setting up FPOs to boost income of small farmers: Tomar
"There is a need to expand FPOs as the number of small and marginal farmers are high in our country," Tomar said
 "Govt promoting setting up FPOs to boost income of small farmers: Tomar")
More takers for Infra fund among primary farm co-ops than large players
Loan limit of Rs 2 crore under the scheme works better for small warehouse projects with godowns of 3,000 sq ft, but fails to enthuse corporations and FPOs with larger projects on the table
 "More takers for Infra fund among primary farm co-ops than large players")
Repeal of the three farm laws: For FPOs, it's back to square one
The repeal of the three farm laws has erased the small gains that would have accrued
 "Repeal of the three farm laws: For FPOs, it's back to square one")
Unruly scenes in Haryana assembly over duration of session, farm laws
The Haryana Assembly saw unruly scenes over the duration of the session and the farm laws enacted by the Centre with the opposition Congress staging a walkout from the House
 "Unruly scenes in Haryana assembly over duration of session, farm laws")
Experts question provisions of Centre's three agri market reform ordinances
Lack of mandatory written contracts, provision to invoke controlling powers among many bones of contention
 "Experts question provisions of Centre's three agri market reform ordinances")
Govt plan to set up 10,000 groups to promote farm produce needs pruning
A farmer-producer organisation is a means to help small farmers maximise their income by offering distribution and marketing support for their produce
 "Govt plan to set up 10,000 groups to promote farm produce needs pruning")
Govt seeks inputs from states on how FPCs can get capital more easily
Centre is thinking of making capital and expertise easier so that farmer-producer firms can mobilise farmers and leverage their produce
 "Govt seeks inputs from states on how FPCs can get capital more easily")
Govt must support FPCs
Farmer Producer Companies can lift farm incomes through cost reduction, value-addition and efficient marketing
 "Govt must support FPCs")
