Questions and Answers
What are the two main funds under which NABARD promotes FPOs?
Producers Organisation Development Fund and Producers’ Organisation Development and Upliftment Corpus Fund.
How many FPOs did NABARD promote in FY2024 and how many of them were registered?
NABARD promoted 221 FPOs in FY2024, of which 39 have been registered.
What percentage of the farmers in NABARD-promoted FPOs are small and marginal farmers?
About 82% of the farmers are small and marginal farmers.
What role does NABARD's Farmer Producers’ Organisation portal serve?
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How many FPOs promoted by NABARD have availed credit from banks or financial institutions?
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What proportion of NABARD-promoted FPOs includes women members?
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What is the significance of the integrated management information systems portal in relation to FPOs?
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What is the total number of cumulative FPOs promoted by NABARD so far?
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What are the key drivers of success for Farmer Producers' Organisations (FPOs)?
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How does NABARD support the capacity building of FPOs?
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What role do banks play in the support of FPOs as mentioned in the strategies?
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Why is collaboration with value chain players important for FPOs?
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What is the purpose of linking FPOs with commodity markets?
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What does the study and documentation of successful FPOs aim to achieve?
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What approach does NABARD recommend for promoting new FPOs in sectors like animal husbandry?
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How does digitization benefit FPOs according to the strategies adopted?
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What does the customisation of an enterprise resource planning solution for FPOs involve?
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What focus areas contribute to making FPOs sustainable as mentioned in the strategies?
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How much total funding was provided to the start-ups supported by NABSKISAN?
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Which forum has supported the highest number of start-ups and what is that amount?
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What is the cumulative financial assistance provided by a-IDEA for start-ups?
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How much funding was granted for marketing initiatives through rural haats and marts?
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In FY2024, how many start-ups received funding from CCF?
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How many rural haats were operational and how much assistance did they receive during FY2024?
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What role has NABARD played in increasing the participation of artisans in exhibitions?
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What was the total financial assistance given for the melas conducted during FY2024?
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Which organizations received financial assistance under the CCF in FY2024?
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What is the cumulative number of mobile vans sanctioned as part of rural marketing initiatives?
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What was the primary issue faced by oilseed farmers in Haryana before the formation of the FPO?
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How much share capital was mobilized for the Dharchana Farmer Producer Company Limited?
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What percentage of the FPO members are women?
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What specific outcome followed the elimination of intermediaries for FPO members?
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What modern farming practices are FPO members willing to invest in post-formation?
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What were the achieved turnover and profit of the FPO during FY2023?
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What is the name of the brand created by the FPO, and how is it performing in the market?
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What was the primary objective of the household survey conducted in 28 states and UTs?
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What services are non-member farmers benefiting from through the FPO?
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How did the FPO facilitate the procurement and delivery of oilseeds?
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How many research studies were sanctioned by NABARD in FY2024?
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How has the formation of the FPO empowered its members beyond financial gains?
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What is one notable initiative NABARD has undertaken to engage with the student community?
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What innovative approach does NABARD utilize in its research documentation?
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What type of publications did NABARD release for the first time in FY2024?
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Study Notes
NABARD and Farmer Producers' Organisations (FPOs)
- NABARD implemented the Producers Organisation Development Fund and Corpus Fund to promote FPOs.
- In FY2024, NABARD registered 39 new FPOs, promoting a total of over 7,000 FPOs with a membership of 25 lakh farmers.
- Approximately 82% of FPO members are small and marginal farmers; women make up 30% of the membership.
- Out of 7,000 FPOs, 1,995 have accessed credit from banks and financial institutions.
- More than 4,500 FPOs are listed on the NABARD portal with up-to-date information.
Strategies for Strengthening FPOs
- Focus on member centrality, ownership, good governance, and business planning for successful FPOs.
- Ongoing capacity building and handholding efforts at ground level for FPOs.
- Engagement with banks to enhance credit access, utilizing credit guarantees and sensitization programs at various committees.
- Emphasizing value addition and sustainable market linkages to improve FPO viability.
- Partnership with value chain players to enhance aggregation and marketing efforts.
- Connecting FPOs with national/global commodity markets for better price discovery.
- Documenting successful FPOs to identify key issues, feasible crops, and capacity building opportunities.
- Promoting new FPOs in sectors like animal husbandry and fisheries through a structured approach.
- Encouraging digitization and the development of tailored enterprise resource planning solutions for FPOs.
Case Study: Dharchana Farmer Producer Company Limited
- Located in Rewari, Haryana, the FPO mobilized ₹3 lakh from 301 shareholders to support oilseed farmers.
- Prior to FPO formation, farmers relied on local intermediaries for sales, leading to reduced profits.
- Facilitated aggregation, procurement, processing, and marketing of oilseeds.
- 90% of the FPO's members are women, with enhanced empowerment for oilseed farming.
- Members save ₹200 per quintal by eliminating intermediaries and reducing mandi charges.
- The FPO achieved a turnover of ₹58.8 lakh with a profit of ₹50,000 in FY2023 and has established the brand 'Satvik'.
Support for Start-ups and Marketing Initiatives
- NABSKISAN supported six start-ups with ₹4.8 crore; MABIF supported 15 start-ups with ₹2.7 crore; a-IDEA backed five start-ups with ₹94.5 lakh; AgHub funded three start-ups with ₹1 crore.
- In FY2024, ₹3 crore disbursed under the Capital Connectivity Fund to support an additional 20 start-ups.
- Initiatives to improve marketing include establishing rural haats and marts and increasing artisan participation in exhibitions and fairs.
- FY2024 achievements include 80 new rural haats and 74 rural marts with financial assistance of ₹12.3 crore and ₹10.5 crore respectively.
Research and Engagement
- NABARD is conducting 26 research studies, with eight sanctioned in FY2024.
- Supported 117 seminars and conferences on topics like millet value chain and sustainable agriculture.
- Engages with students through internship schemes and awards for outstanding Ph.D. theses.
- Published policy briefs summarizing significant findings and recommendations from research for the first time in FY2024.
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Description
Explore the initiatives by NABARD to support Farmer Producers' Organisations (FPOs) and the impact on small and marginal farmers. This quiz covers the establishment of FPOs, strategies for strengthening them, and details about their membership demographics. Test your knowledge on how these organizations are enhancing agricultural efficacy.