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PM effects countrywide launch of 10k FPOs, says they will turn farmers into businessmen

Underlining his government's commitment to farmers' welfare, the prime minister said be it the decision on minimum support price of crops or soil health card or neem coating of urea and completing the irrigation projects pending over decades, his government has worked at every level for the betterment of farmers' lives.

February 29, 2020 / 20:37 IST
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Prime Minister Narendra Modi on February 29 effected a country-wide launch here of 10,000 Farmer Producer Organisations (FPOs), aimed at providing small farmers a platform to collectively tackle their challenges right from accessing various agricultural inputs to marketing their produce.

These FPOs will turn farmers into businessmen, said Prime Minister Modi after effecting the launch of the novel cooperative platforms for farmers, 86 percent of which fall into small and marginal category, each having less than 1.1 hectare of landholding.

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"Moments ago 10,000 FPOs were launched. They will work to increase farmers' income and empower them," he said.

Exuding confidence that the project will ensure a better future for farmers, he said farmers were only producer till now but through the FPOs, they will now be able to negotiate the price of their produce with traders and do business.