A Farmers' Producer Organization (FPO) is a legal entity formed by primary producers such as farmers, fishermen, and weavers. This structure promotes collective farming aimed at enhancing income and improving livelihoods.
In 2010, a group of small farmers from Nashik, Maharashtra, established the Sahyadri Farmers' Producer Company Ltd. to protect their agricultural interests. Fast forward thirteen years, and this FPO reported a turnover of ₹1,007 crore for the fiscal year 2022-23, reflecting a remarkable 28% growth compared to the previous year.
The Sahyadri FPO has successfully diversified into 48 Farmers' Producer Companies (FPCs), each specializing in specific horticulture crops or geographical zones. In the fiscal year 2023, they processed and exported approximately 275,327 tonnes of produce from 40,000 acres cultivated by 24,500 affiliated farmers.
The revenue breakdown demonstrates strength in both export and domestic markets, with ₹352 crore from exports and ₹654 crore from domestic sales. This balanced revenue stream enhances the FPO's resilience against market fluctuations.
The Sahyadri FPO has contributed significantly to job creation, providing about 1,300 full-time positions and 4,000 seasonal jobs. Additionally, an investment of ₹558 crore in infrastructure signifies a long-term vision aimed at enhancing the agricultural sector's overall development.
The success of the Sahyadri FPO highlights the potential economic growth model that can be replicated across different regions. Their strategic approach to diversification and commitment to job creation illustrates how collective farming can lead to sustainable agricultural practices.
This case study of Sahyadri Farms serves not only as an inspiration but also as a blueprint for establishing and growing FPOs in other areas. By fostering collaboration among farmers, these organizations can revolutionize the agricultural sector and contribute to local economies.
Q1. What is a Farmers' Producer Organization (FPO)?
Answer: An FPO is a legal entity formed by primary producers like farmers and fishermen to enhance collective farming and improve income and livelihoods.
Q2. How did Sahyadri Farmers' Producer Company Ltd. start?
Answer: Sahyadri Farmers' Producer Company Ltd. was established in 2010 by small farmers in Nashik, Maharashtra, to protect their agricultural interests and improve their economic standing.
Q3. What has been the financial growth of Sahyadri FPO?
Answer: The Sahyadri FPO reported a turnover of ₹1,007 crore for the fiscal year 2022-23, marking a growth rate of 28% from the previous year.
Q4. How many jobs has Sahyadri FPO created?
Answer: The Sahyadri FPO has generated approximately 1,300 full-time jobs and about 4,000 seasonal jobs, significantly contributing to local employment.
Q5. What is the significance of the Sahyadri FPO model?
Answer: The Sahyadri FPO model showcases how collective farming can lead to economic growth, diversification, and sustainable agricultural practices, making it a replicable model for other regions.
Question 1: What is the primary purpose of a Farmers' Producer Organization (FPO)?
A) To promote individual farming
B) To enhance collective farming
C) To increase government subsidies
D) To control market prices
Correct Answer: B
Question 2: When was the Sahyadri Farmers' Producer Company Ltd. established?
A) 2005
B) 2010
C) 2015
D) 2020
Correct Answer: B
Question 3: How much turnover did Sahyadri FPO achieve in 2022-23?
A) ₹500 crore
B) ₹750 crore
C) ₹1,007 crore
D) ₹1,200 crore
Correct Answer: C
Question 4: How many FPCs has the Sahyadri FPO diversified into?
A) 30
B) 40
C) 48
D) 50
Correct Answer: C
Question 5: What is the total investment made by Sahyadri FPO in infrastructure?
A) ₹300 crore
B) ₹500 crore
C) ₹558 crore
D) ₹600 crore
Correct Answer: C
Question 6: What percentage growth did Sahyadri FPO experience in the fiscal year 2022-23?
A) 20%
B) 25%
C) 28%
D) 30%
Correct Answer: C
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