High-Level Committee to Strengthen Tamil Nadu FPOs Formed
Why in the news
An expert panel was set up to examine how Tamil Nadu’s farmer collectives function and how they can be made sturdier.
Key facts
- Members: NABARD, NAFED, SFAC (Tamil Nadu), ICAR-NRCB, FPO and NGO representatives and departmental officials.
- FPOs register under the Companies Act, 2013 or the Co-operative Societies Act, 1912.
- They pool produce, strengthen bargaining power and open access to inputs, credit and markets.
Exam angle
- Milestone: 10,000 FPOs target achieved; 10,000th at Khagaria, Bihar.
- NRCB stands for National Research Centre for Banana.