2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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One Thousand
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Five Thousand
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Ten Thousand
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Fifteen Thousand
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Detailed explanation-1: -Realizing the need to form and promote FPOs across the country, Government formulated a dedicated Central Sector Scheme “Formation & Promotion of 10, 000 Farmer Producer Organizations (FPOs) and the same was launched by Hon’ble Prime Minister on 29.02.
Detailed explanation-2: -An FPO can also be grouped by ten producers or several more than ten producers with a minimum paid-up capital of ₹1 lakh. A few eligibility requirements must be met to form a farmer producer organisation to be eligible for an FPO. It is a legal body with a minimum membership of 10 and maximum membership of 500 farmers.
Detailed explanation-3: -Members of FPO Initially, the minimum number of members in FPO will be 300 in plain area and 100 in the North East and hilly areas. However, the Department of Agriculture and Farmers Welfare may revise the minimum number of membership-based on experience.
Detailed explanation-4: -Further under the new FPO scheme, 421 FPOs have been registered by different Implementing Agencies(IAs) in Aspirational Districts as on 09.03. 2022.