Formation and Promotion of 10,000 FPOs: A Game Changer for Indian Agriculture
| Summary/Static | Details |
|---|---|
| Why in the news? | Government Achieves 10,000 Farmer Producer Organizations (FPOs) Goal |
| Launch Date | February 29, 2020 |
| Budget | ₹6,865 crore (2020-2027) |
| Milestone | 10,000th FPO launched in Khagaria, Bihar |
| Equity Grants Released | ₹254.4 crore (4,761 FPOs) |
| Credit Guarantee Cover | ₹453 crore (1,900 FPOs) |
| Support to Each FPO | ₹18 lakh (management), ₹2,000 per farmer (equity), ₹2 crore credit guarantee |
| Total Farmers Benefited | 30 lakh (40% women) |
| Key Ministries Involved | Agriculture, Food Processing, MSME, Fisheries, APEDA, Spices Board |
| Key Initiatives | Credit Guarantee Fund, ONDC integration, CSC conversion |