Year: 2021 | Month: September | Volume 10 | Issue 3

Way to Double Farmers Income through FPO

Nedhi Rani Sharma Takre Vishal Yeragorla Venkata Harikrishna
DOI:10.46852/2249-6637.03.2021.10

Abstract:

Agriculture is an important sector for Indian economy where around 70 per cent of rural population depends on farming and allied activities for the livelihood and majority (86%) are small and marginal. Though these farmers produce food of sufficient amount, the output receive isn’t worth satisfying due to various factors like lack of facilities-transportation, storage, processing. To empower the farming community and making them more stable and improving their conditions to make the agriculture selfsufficient, the concept of doubling the farmers income by 2022 was introduced. Farmer Producer Organizations (FPOs) is one of the strategies through which aim of doubling farmers income by 2022 is to achieve. 15-20 farmers interest groups (FIGs) at village level collectively form an organization which not only focus on developing socio-economic status of their farmers but also providing better market linkages and developing entrepreneurial skill and business plans of the farmers through strategic planning.

Highlights

  • Doubling farmers income by 2022 concept is one which focuses on improving the empowering the farming community by improving the conditions to make the agriculture self-sufficient.
  • FPO is one such strategy through which the aim of doubling farmers income by 2022 is to be achieved.
  • FPO improves the socio economic status of the farmers, provides better market risk and develops entrepreneurial skill and business planning of the farmers.




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