From Financialexpress · Sandip Das · · 1m 20s
India's FPOs Near 50,000 Mark
India's farmer groups hit 49,800 registered units amid growth challenges.
In brief
India's farmer groups hit 49,800 registered units amid growth challenges. Over 49,800 Farmer Producer Organisations (FPOs) registered in India since 2016 face compliance and market access hurdles despite significant growth. Originally reported by Financialexpress.
FPOs Reach 49,800 Mark
Over 49,800 Farmer Producer Organisations (FPOs) have been registered under various provisions of company and cooperative laws in India.
97% FPOs Formed Since 2016
The report states that 97% of FPOs were incorporated since 2016, indicating significant expansion of the sector over the past decade.
State-wise FPO Distribution
Maharashtra has more than 18,000 FPOs, followed by Uttar Pradesh with over 7,900 and Madhya Pradesh with around 2,500.
FPOs Under Various Legal Frameworks
These farmer-owned collectives are registered under various legal frameworks, including the Companies Act, 2013, as farmer producer companies, state cooperative societies acts and the Multi-State Cooperative Societies Act.
Limited Capital for FPOs
Nearly 91% of Farmer Producer Companies have paid-up capital below ` 5 lakh, while many require five to eight years to reach processing activities.
Women-Led FPOs Survey
The report, which includes a survey of 170 women-led enterprises, found that 80% of women-led FPCs have more than 600 members.
Challenges in Market Access
The electronic National Agriculture Market (e-NAM) connects 1,656 mandis across 23 states and has onboarded more than 4,700 FPOs, but expansion has not translated uniformly into FPO-led trade.
At a glance
Over 49,800 Farmer Producer Organisations (FPOs) registered in India since 2016 face compliance and market access hurdles despite significant growth.
