All About Farmer Producer Organization


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Uploaded on Apr 20, 2020

Category Education

All About Farmer Producer Organization

Category Education

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All About Farmer Producer Organization

All About Farmer Producer Organization Introduction • A Producer Organization (PO) is a lawful element framed by essential makers, viz. ranchers, milk makers, anglers, weavers, provincial craftsman, skilled workers. • A FPO can be a producer organization, a helpful society or whatever other authoritative document which accommodates sharing of benefits/benefits among the individuals. Source: Google Images Who can own? • Any individual or organization can start a PO. • Singular people or organizations may advance PO utilizing their own assets out of altruism or with the honorable goal of financial improvement of makers Source: Google Images Can Non-Farmers Join? • The PO is an association of the essential makers. In the event that the produce being referred to is a nonfarm thing (for instance, handloom or workmanship), at that point the PO will be that of non-farmers. • The goal of the PO is to guarantee better salary acknowledgment to its individuals. Source: Google Images Responsibilities of FPO • The responsibility for the PO is with its individuals. It is an association of the makers, by the makers and for the makers. • At least one organizations and additionally people may have advanced the PO by method for aiding activation, enlistment, business arranging and tasks. Source: Google Images Legal Acts and Documents: • Helpful Societies Act/Autonomous or Mutually Aided Cooperative Societies Act of the individual State • Multi-State Cooperative Society Act, 2002 • Maker Company under Section 581(C) of Indian Companies Act, 1956, as corrected in 2013 • Segment 25 Company of Indian Companies Act, 1956, as changed as Section 8 of every 2013 • Social orders enlisted under Society Registration Act, 1860 • Open Trusts enlisted under Indian Trusts Act, 1882 Essentials: • Following joining, a PO needs to get a PAN number from the Income Tax Department and TIN number from the Commercial Tax Department to complete business. • Likewise, the organization needs to enroll itself for Service Tax from Commercial Tax Department and VAT from Excise office. Source: Google Images Vision and Mission • The vision and crucial the PO is significant for the Board Directors just as other staff. • Making an incentive to the individuals by taking care of existing issues in the worth chain, showcasing and sensible portion of value acknowledgment in the rupee spent by the buyer on the individuals' produce, ought to be the core interest. Source: Google Images Support from NABARD: • Credit as well as award support for setting up of promoting foundation offices available to be purchased of produce. • Backing for advertising through provincial haat and country shop which had just been built up through NABARD support. • NABARD may encourage tie-ups with purchasers for Producers Organization's produce. • Through existing plans of National Horticulture Mission and Ministry of Agriculture, NABARD may bolster production of framework at every possible opportunity. Source: Google Images Support from GOI • Preparing establishments upheld by the Ministry or Rural Development, Government of India • Legislature of India offers budgetary help to SFAC for its Equity Grant and Credit Guarantee Fund Scheme for the Farmer Producer Company. • CAPART, Ministry of Rural Development likewise works plots through which support for certain exercises can be acquired by the PO. Source: Google Images Who are Board of Directors (BoD)? • Board of Directors are elected by the members. • Board of Directors may act collectively only through meetings. Source: Google Images