FPOs are formed to protect farmers’ interests and help them achieve better prices for their produce by increasing their bargaining power.
Benefits of FPOs:
Help small and marginal farmers achieve economies of scale in purchasing inputs, processing, and marketing their produce.
Provide farmers with access to timely credit and market linkages.
Promoting Institutions:
NABARD and Small Farmers Agribusiness Consortium (SFAC) support FPOs through partnerships with Producer Organization Promoting Institutions (POPIs).
SERP promotes Farmer Producer Groups with women’s Self-Help Groups (SHGs).
FPOs in Telangana:
44 FPOs set up as Farmer Producer Companies (FPCs) operate in Telangana.
These FPCs empower farmers to access financial inputs, services, and technology and help organize collection, processing, storage, and marketing of their produce for better prices.