Farmers’ Welfare and Agriculture Development Minister Kamal Patel has expressed gratitude to Chief Minister Shivraj Singh Chouhan on behalf of the farmers of the state. He said that the new ‘Farmer Producer Organizations (FPO) Formation and Promotion Scheme’ made to enrich the farmers would prove to be very beneficial.
The scheme was approved in the Cabinet on Thursday under the chairmanship of Chief Minister Chouhan.
Agriculture Minister Patel said that a new plan has been made to encourage formation of minimum 2 farmer producer organizations in each development block in the state. The scheme will be run by the Agriculture Department. Handholding will be provided to the FPOs to be formed under the scheme. This will help the FPO members to use quality inputs and advanced agricultural machinery as well as post harvest techniques. Minister Shri Patel has told that FPO will be linked with the market.
Patel said that a provision of a total amount of Rs 50 crores has been made in this scheme to be operated till the year 2025. In this, a provision of Rs 20 crore 99 lakh has been made for the year 2023-24 and Rs 29 crore one lakh for the year 2024-25. Under the scheme, a maximum of Rs 18 lakh will be provided per FPO for 3 years. FPOs will be provided Rs 2,000 per farmer as equity grant, with a maximum of Rs 15 lakh. The scheme will be implemented by the State Level Implementation Committee constituted under the chairmanship of the Agriculture Production Commissioner.