10,000 FPOs Scheme: Formation Target Completed
Why in the news
The government has finished creating the 10,000 FPOs it targeted, with 21.96 lakh women farmers among members.
Key facts
- Launch: 29 February 2020; fully Centre-funded.
- Agencies: SFAC, NABARD, NCDC, NAFED.
- FPOs follow produce clusters, aligned with One District One Product.
| Support | Limit | Note |
|---|---|---|
| Handholding | ₹18 lakh | 3 years |
| Equity grant | ₹15 lakh | ₹2,000 per farmer cap |
| Credit guarantee | ₹2 crore | Institutional project loans |
Aim
- Collectivise small and marginal farmers for aggregation, credit, technology, processing and stronger bargaining.
- Training via BIRD Lucknow and LINAC Gurugram; NAFED leads forward linkages.
Exam angle
- Launched 29 Feb 2020; equity cap ₹2,000 per farmer; training at BIRD and LINAC.