• Contact Us
  • About Us
  • Privacy Policy
Friday, August 12, 2022
The Morning
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Auto
  • Fashion
  • Lifestyle
  • Morning Special
  • Start-ups Stories
  • Home
  • News
  • Business
  • Technology
  • Auto
  • Fashion
  • Lifestyle
  • Morning Special
  • Start-ups Stories
No Result
View All Result
Morning News
No Result
View All Result
Home News

More than 50 percent of FPOs are Potentially Viable and Efficient: MD, SFAC

by
in News
0
More than 50 percent of FPOs are Potentially Viable and Efficient: MD, SFAC
1
VIEWS
Share on FacebookShare on Twitter

Small Farmers’ Agri-business Consortium (SFAC) has informed that more than 50% Farmers Producer Organisation (FPOs) promoted by SFAC under various government programs are potentially viable and efficient while some others are in nascent stages of development. It is expected that given the right eco-system support, specially infusion of capital in agri-infrastructure through credit mobilisation from banks and NBFCs, they could be a real game changer and contribute to increasing the income of member farmers substantially.

Ms. Neelkamal Darbari (I.A.S), MD, SFAC, Ministry of Agriculture & Farmer Welfare, GoI at a workshop on Strengthening Ecosystem of Farmers Producer Organization along with other dignitaries

READ ALSO

CMD was at GAIL PATA plant in Uttar Pradesh

Learn with Leaders Partners with Harvard HPAIR to Shape Young Leaders of Tomorrow; Bring Summer Leadership Workshop to Indian Schools

Speaking at a national workshop on ‘Strengthening Ecosystem of Farmers‘ Producer Organizations’ Ms. Neelkamal Darbari (I.A.S), Managing Director, SFAC, Ministry of Agriculture & Farmer Welfare, Government of India said, “The Government has taken up the very challenging cause of creating financial and marketing linkages for aggregation of farmers through a Central Sector scheme for creation of 10,000 FPOs across the country. The scheme is under implementation through different Implementing Agencies, who have already created more than 1770 FPOs. These FPOs have the potential to be viable entities, but the biggest challenge they are confronted with is lack of finance from banks. Most banks do provide crop and tractor loans, but are reluctant to provide capital finance for asset formation and infrastructure development in the agriculture sector. This lack of capital support hinders the small and marginal farmers of FPOs from availing benefits of technological innovations like protected cultivation, micro-irrigation systems or next-gen mechanization etc. This approach of rural branches and banks must change in order for evolution of sustainable practices in the agriculture sector.”

“The top management of banks are always favourably inclined towards enhancing credit support investment in agriculture, but somehow at the branch level in rural areas there are challenges for FPOs. As such SFAC is trying to engage with the banks for rural branches to improve credit flow to FPOs created under the new govt. scheme for promotion of 10000 FPOs, she said during the workshop held at India International Centre.”

Speaking at the event Mr. RG Agarwal, Group Chairman, Dhanuka Agritech Ltd. expressed concern about the spurious agriculture inputs. “There is little difference in the area under cultivation between India and China, but China’s agriculture GDP is three times higher than India mainly because of quality products used in China as against India wherein a large chunk of products are spurious in nature, resulting in lower production. It is the need of the hour to take strict action against spurious manufactures of fertilisers and pesticides,” he said.

The day long workshop was organised by Confederation of NGOs of Rural India (CNRI) and supported by Dhanuka Agritech; Institute of Rural Management Anand (IRMA); Central for Political Studies, JNU and Vaikunth Mehta National Institute of Cooperative Management (Vamnicom).

Several experts believed adequate knowledge, right inputs and robust marketing infrastructure too may play a critical role in doubling the income of farmers and promoting prosperity in rural India.

During the workshop, Binod Anand, Secretary General, CNRI; Dr. Surendra Nath Tripathi, DG, IIPA; Dr. KK Tripathy, OSD, Minister of Cooperation; Arun Raste, MD & CEO, NCDEX; S Sivakumar, Group Head, ITC, Agri & IT Business; Hema Yadav, Professor & Director, VAMNICOM; Sachin Sharma, Associate Professor and Sushil Singla, Principal Resident Commissioner, Government of Himachal Pradesh among others expressed their thoughts on various issues related to farmers and FPOs.

Many farmers were also present on this occasion and an Open House was also conducted wherein their queries were answered.

Related Posts

GAIL,Har Ghar Tiranga,Har Ghar Tiranga campaign,
News

CMD was at GAIL PATA plant in Uttar Pradesh

12/08/2022
News

Learn with Leaders Partners with Harvard HPAIR to Shape Young Leaders of Tomorrow; Bring Summer Leadership Workshop to Indian Schools

12/08/2022
Infinity Learn by Sri Chaitanya Announces Scholarships for the Children of Martyrs
News

Infinity Learn by Sri Chaitanya Announces Scholarships for the Children of Martyrs

12/08/2022
Razorpay Becomes the Only Indian Company to be Listed on ‘Forbes Cloud 100 List’ of the Best Private Cloud Companies in the World
News

Razorpay Becomes the Only Indian Company to be Listed on ‘Forbes Cloud 100 List’ of the Best Private Cloud Companies in the World

12/08/2022
The Future is Here: Bajaj Capital Witnesses Top Financial Wealth & Insurance Leaders at their Annual Event “ThePowerof100%”
News

The Future is Here: Bajaj Capital Witnesses Top Financial Wealth & Insurance Leaders at their Annual Event “ThePowerof100%”

12/08/2022
Bajaj Group Joins Hands with Pune Municipal Corporation to Commemorate ‘Azadi Ka Amrit Mahotsav’
News

Bajaj Group Joins Hands with Pune Municipal Corporation to Commemorate ‘Azadi Ka Amrit Mahotsav’

12/08/2022
Next Post
TVS Motor Company Launches Marvel Spider-Man, and Thor Inspired TVS NTORQ 125 Scooters under the SuperSquad Edition

TVS Motor Company Launches Marvel Spider-Man, and Thor Inspired TVS NTORQ 125 Scooters under the SuperSquad Edition

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

AMSA sustainable fashion store

AMSA brings to sustainable fashion with the unveiling of Atelier in Hyderabad

07/04/2022
Hazrat Nizamuddin Aulia Dargah is always up for Needy: Syed Anis Nizami, Incharge Dargah Sharif

Hazrat Nizamuddin Aulia Dargah is always up for Needy: Syed Anis Nizami, Incharge Dargah Sharif

25/04/2022
Nature’s Essence Signs on Miss Universe, Harnaaz Sandhu as their Brand Ambassador

Nature’s Essence Signs on Miss Universe, Harnaaz Sandhu as their Brand Ambassador

25/05/2022
Yagnik Pandya

Yagnik Pandya who is passionate about cricket

28/12/2021
Rupa Frontline Colors presents brand new ‘Akaska Vest’ – White is also a colour!

Rupa Frontline Colors presents brand new ‘Akaska Vest’ – White is also a colour!

15/02/2022

EDITOR'S PICK

Myles Peacock Appointed Worldwide CEO of Investis Digital

17/05/2022
Jugaad Motion Pictures, Chhello Show LLP, Monsoon Films, Stranger88,Last Film Show

Pan Nalin’s ‘Last Film Show’ to be the opening gala film at IFFLA – the Indian Film Festival of Los Angeles on 28th April 2022

27/04/2022
SIA-India Pitches for Balanced Approach for Allocation of the Spectrum for IMT and Satellite

SIA-India Pitches for Balanced Approach for Allocation of the Spectrum for IMT and Satellite

09/03/2022
The Green Acres Academy, Chembur Based Leading ICSE School, Now Opens its Second Campus in Mulund, Mumbai

The Green Acres Academy, Chembur Based Leading ICSE School, Now Opens its Second Campus in Mulund, Mumbai

03/08/2022

About

The Morning is the World's latest news, fashion, political,and sports website. We provide you with the latest breaking news here.

Categories

  • Auto
  • Business
  • Fashion
  • hindi
  • Lifestyle
  • Morning Special
  • News
  • Start-ups Stories
  • Technology

Recent Posts

  • CMD was at GAIL PATA plant in Uttar Pradesh
  • Learn with Leaders Partners with Harvard HPAIR to Shape Young Leaders of Tomorrow; Bring Summer Leadership Workshop to Indian Schools
  • Infinity Learn by Sri Chaitanya Announces Scholarships for the Children of Martyrs
  • Home
  • About Us
  • Contact Us
  • Privacy Policy

© 2021 The Morning

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Auto
  • Fashion
  • Lifestyle
  • Morning Special
  • Start-ups Stories

© 2021 The Morning

Generated by Feedzy