NABARD and FPOs Overview

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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?

It helps onboard and update information of over 4,500 promoted FPOs. Signup and view all the answers

How many FPOs promoted by NABARD have availed credit from banks or financial institutions?

1,995 FPOs have availed credit from banks or other financial institutions. Signup and view all the answers

What proportion of NABARD-promoted FPOs includes women members?

Approximately 30% of the members are women. Signup and view all the answers

What is the significance of the integrated management information systems portal in relation to FPOs?

It provides an updated database for the central sector scheme FPOs. Signup and view all the answers

What is the total number of cumulative FPOs promoted by NABARD so far?

NABARD has promoted more than 7,000 FPOs. Signup and view all the answers

What are the key drivers of success for Farmer Producers' Organisations (FPOs)?

Member centrality, ownership, good governance, and business planning supported by timely and adequate credit. Signup and view all the answers

How does NABARD support the capacity building of FPOs?

Through continued and intensified efforts towards handholding and capacity building at the ground level. Signup and view all the answers

What role do banks play in the support of FPOs as mentioned in the strategies?

They extend credit to FPOs, leveraging available credit guarantees and sensitising bank officials. Signup and view all the answers

Why is collaboration with value chain players important for FPOs?

It leverages the FPO’s strength in aggregation and marketing, enhancing overall sustainability. Signup and view all the answers

What is the purpose of linking FPOs with commodity markets?

To enable price discovery and enhance connectivity with national and global markets. Signup and view all the answers

What does the study and documentation of successful FPOs aim to achieve?

To understand membership issues, feasible crops for value addition, scalability, and capacity building frameworks. Signup and view all the answers

What approach does NABARD recommend for promoting new FPOs in sectors like animal husbandry?

A graded approach for the consolidation of already promoted FPOs and promotion of new ones. Signup and view all the answers

How does digitization benefit FPOs according to the strategies adopted?

It encourages FPOs to subscribe to digital products or develop their own digital tools. Signup and view all the answers

What does the customisation of an enterprise resource planning solution for FPOs involve?

Adapting the primary agricultural credit society (PACS) computerisation software. Signup and view all the answers

What focus areas contribute to making FPOs sustainable as mentioned in the strategies?

Value addition, effective market linkages, and convergence. Signup and view all the answers

How much total funding was provided to the start-ups supported by NABSKISAN?

₹4.8 crore Signup and view all the answers

Which forum has supported the highest number of start-ups and what is that amount?

Madurai Agri Business Incubation Forum (MABIF) supported 15 start-ups with ₹2.7 crore. Signup and view all the answers

What is the cumulative financial assistance provided by a-IDEA for start-ups?

₹94.5 lakh Signup and view all the answers

How much funding was granted for marketing initiatives through rural haats and marts?

₹22.8 crore Signup and view all the answers

In FY2024, how many start-ups received funding from CCF?

20 start-ups. Signup and view all the answers

How many rural haats were operational and how much assistance did they receive during FY2024?

80 rural haats received ₹12.3 crore. Signup and view all the answers

What role has NABARD played in increasing the participation of artisans in exhibitions?

NABARD extended support for participation in national and regional exhibitions. Signup and view all the answers

What was the total financial assistance given for the melas conducted during FY2024?

₹8.7 crore. Signup and view all the answers

Which organizations received financial assistance under the CCF in FY2024?

MABIF, a-IDEA, and AgHub. Signup and view all the answers

What is the cumulative number of mobile vans sanctioned as part of rural marketing initiatives?

315 mobile vans. Signup and view all the answers

What was the primary issue faced by oilseed farmers in Haryana before the formation of the FPO?

Oilseed farmers depended heavily on local intermediaries to sell their produce. Signup and view all the answers

How much share capital was mobilized for the Dharchana Farmer Producer Company Limited?

A share capital of ₹3 lakh was mobilized from 301 shareholders. Signup and view all the answers

What percentage of the FPO members are women?

90% of the FPO members are women. Signup and view all the answers

What specific outcome followed the elimination of intermediaries for FPO members?

Members earned an additional ₹200 per quintal by saving on mandi charges and transportation costs. Signup and view all the answers

What modern farming practices are FPO members willing to invest in post-formation?

Members are willing to invest in good quality agrochemicals, fertilizers, and seed varieties. Signup and view all the answers

What were the achieved turnover and profit of the FPO during FY2023?

The FPO achieved a turnover of ₹58.8 lakh and a profit of ₹50,000. Signup and view all the answers

What is the name of the brand created by the FPO, and how is it performing in the market?

The brand is called ‘Satvik,’ and it is gradually making its presence felt in the market. Signup and view all the answers

What was the primary objective of the household survey conducted in 28 states and UTs?

To collect primary data on livelihood and financial inclusion aspects of rural and semi-urban households. Signup and view all the answers

What services are non-member farmers benefiting from through the FPO?

More than 500 farmers, including non-member farmers, are availing of FPO services. Signup and view all the answers

How did the FPO facilitate the procurement and delivery of oilseeds?

The FPO purchased a mobile van for procurement and delivery of mustard seeds and oil. Signup and view all the answers

How many research studies were sanctioned by NABARD in FY2024?

Eight research studies were sanctioned in FY2024. Signup and view all the answers

How has the formation of the FPO empowered its members beyond financial gains?

FPO members have been empowered to take up oilseed farming as a business activity. Signup and view all the answers

What is one notable initiative NABARD has undertaken to engage with the student community?

The NABARD Student Internship Scheme. Signup and view all the answers

What innovative approach does NABARD utilize in its research documentation?

The triple bottom line approach of People, Planet, and Profit. Signup and view all the answers

What type of publications did NABARD release for the first time in FY2024?

Policy briefs highlighting major findings and recommendations from its research work. Signup and view all the answers

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.