Farmer producer organizations way for enhancing rural livelihood

Abstract

The majority of people in India depend on agriculture and related industries for their livelihood, but this is insufficient to meet their needs or raise their families standards of living. The Indian government has been developing and promoting Farmer Producer Organizations by bringing together small and marginal farmers in an effort to improve the standard of living for rural residents. It will address issues like high production costs, restricted credit availability, weak market integration, and inadequate storage. The country currently has 5000 FPOs built and promoted by a variety of organisations, including NABARD, SFAC, state governments, NGOs, etc. Any FPO may be registered under a variety of legal forms, including Producer Companies, Co-operatives, and others. A total of 7374 producer companies with 4.3 million small producers were registered as of March 31st, 2019. The data showed that the Indian government and other organisations were putting a lot of effort into enhancing rural livelihoods through FPOs. The members of FPOs have more income, employment, savings, knowledge, technologies, processing, transport, market and storage facilities than the non-FPO members. It may be beneficial to develop rural areas and their means of subsistence.