The has dedicated a Rs 1000 crores fund to around 10,000 farmer producer organisations (FPOs).
Highlights
This dedicated fund will be given under the Credit Guarantee Fund Trust for FPOs (CGFTFPO).
CGFTFPO Trust has been approved by officials of the Ministry of Agriculture-notes-for-state-psc-exams”>Agriculture & farmers welfare and NABSanrakshan (NTPl) of NABARD and registered in Mumbai.
FPOs Scheme
The central government launched a scheme called Formation and promotion of 10000 FPOs in February 2021, with a clear strategy and committed Resources for promoting 10000 new FPOs in India.