How could agriculture be profitable business for small and marginal farmers?

Answer: The small and marginal farmers, selling their product through the middlemen, were exploited by these middlemen. Under this channel, the farmers can sell their product directly to the consumers that would fetch them comparatively higher price, thereby, attractive profits.

Who is the richest farmer in India?

10 Richest Farmers in India

• Pramod Gautam. Pramod Gautam, a former automobile engineer who switched to farming in 2006.
• Sachin Kale.
• Harish Dhandev.
• Ram Saran Verma.
• Rajiv Bittu.
• Vishwanath Bobade.
• Ramesh Chaudhary.
• Dnyaneshwar Bodke.

How many FPOs are successful in India?

Chintala said that FPOs is the new paradigm in Indian farming. There are nearly 10,000 FPOs in the country today out of which 5000 have been promoted by NABARD. “It has been seen that farmers belonging to the FPOs get additional benefits ranging from 40 per cent to 60 per cent.

Where do small farmers borrow money?

1. Most small farmers have to borrow money to arrange for the capital. They borrow from large farmers or the village moneylenders or the traders who supply various inputs for cultivation. The rate of interest on such loans is very high.

Who can form a farmer producer company?

Any 10 or more producers (individuals) can join together to form a production company but there is no upper limit on the number of members. Or, any 2 or more producer institutions can form a producer company.

What are farmer producer companies?

A Farmer Producer Company (FPC) can be formed by any 10 or more primary producers or by two or more producer institutions, or by a contribution of both. An FPC is a hybrid between cooperative societies and private limited companies.

Which farming is best in India?

Top 10 Farming Business Ideas in India

• Flower Business.
• Fertilizer Distribution.
• Poultry Farming.
• Mushroom Farming.
• Sunflower Farming.
• Organic Farming.
• Dairy Farming.
• Hydroponic Retail Store Business. The hydroponic retail store business is the fastest growing business in recent times.

Which state is best in agriculture in India?

West Bengal is the most popular agricultural state in India. It is also popularly known for its most significant rice production. And that is why it counted as the leading rice producing state in India. Along with rice, West Bengal is also very well known for cash crops such as Jute, sesamum, tobacco, and tea.

How many FPO are in a budget?

Keeping this in mind, Government of India has launched a new Central Sector Scheme titled “Formation and Promotion of 10,000 Farmer Produce Organizations (FPOs)” with a clear strategy and committed resources to form and promote 10,000 new FPOs in the country with budgetary provision of Rs 6865 crore.

What are farmer producer Organisations?

A PO is a collective of farmers (and non-farmers) who are the primary producers of a product (an agricultural produce or a manufactured product). It, therefore, can work as a platform to facilitate better access to government services, like PDS, MNREGA, Scholarships and Pensions, etc.