FICCI - Empowering FPOs
There are about 7374 Farmer Producer Companies (FPCs) in India which cover about 4.3 million farmers. The inherent strengths and capabilities of these institutions have been considered as one of the effective tools to combat adverse impact of COVID-19 on agrarian community. Development of Farmer Producer Organizations is one of the best tools to effectively drive Aatmanirbharta and establish an effective and well-balanced bridge between rural and urban economies. However, to empower FPOs, ecosystem around it needs to evolve further. FICCI initiated a study with a group of practitioners working on various domains of FPO promotion such as FPO market linkage, value chain expert, promoting institutions, FPO finance. A study was done with a sample size of 50 respondents. Recommendations as are mentioned in this paper will positively impact the FPO ecosystem by resulting in empowerment and resilience of small and marginal farmers.