Which of the following organizations has been allotted the responsibility of forming the additional 1100 FPOs (Farmer Producer Organisations) ?

Correct option is B

The correct answer is (b) National Co-operative Development Corporation (NCDC)

Explanation:

The National Co-operative Development Corporation (NCDC) has been allotted the responsibility of forming an additional 1100 Farmer Producer Organisations (FPOs) under the Central Sector Scheme. These FPOs aim to empower farmers by collectivizing them into organizations for better access to technology, finance, inputs, and markets. This move is part of the government's larger target of forming 10,000 FPOs across the country.

Information Booster:

•  NCDC was established in 1963 under an Act of Parliament for planning and promoting programmes related to cooperatives.
•  The organization provides financial and technical support for the promotion of farmer-led collectives.
•  The decision aligns with the Central Government’s goal to support sustainable farming models.
•  FPOs help farmers enhance their bargaining power, reduce input costs, and increase income.
•  These 1100 new FPOs are part of the scheme launched in 2020 with a budget outlay of ₹6,865 crore.
•  NCDC also operates under the Ministry of Cooperation, enabling coordination for agricultural initiatives.
•  These FPOs will promote value chains, agri-business models, and agri-logistics.

Additional Information:

• Reserve Bank of India (RBI) regulates the banking sector and supports financial inclusion but does not directly form FPOs.
• Ministry of Agriculture and Farmers Welfare oversees the overall implementation of agricultural schemes and policy but delegates operational roles like FPO formation to agencies like NCDC, SFAC, NABARD, etc.
•  Indian Council of Agricultural Research (ICAR) focuses on agricultural research and innovation, supporting farmer welfare through R&D, not directly through FPO formation.