Overview

Agriculture is one the most important sector of the Indian Economy and it accounts for 18% of India’s gross domestic product (GDP) and provides employment to over 50% of the country’s workforce.

According to a report from IBEF, Gross Value Added (GVA)by agriculture, forestry and fishing was estimated at Rs. 19.48 lakh crore (US$ 276.37 billion) in FY20. Growth in GVA in agriculture and allied sectors stood at 4% in FY20. Essential agricultural commodities export for the April-September period of 2020 increased by 43% to Rs. 53,626 crores (US$ 7.3 billion) over Rs. 37,397 crores (US$ 5.1 billion) in the same period last year.

As we can infer that government is doing everything to uplift the agriculture sector, there are other initiatives being launched at the ground level. Over the last few years, leveraging on the power of aggregation and collectivisation, Farmer Collectives have become a most sought-after institutional structure for bringing the farmers together, to represent themselves in the market. The Government of India has also taken concerted efforts to incentivise farmers to promote Farmer Producer Organisations (FPOs). The FPOs are formed to improve farmer presence in the market, enable them to access available resources and as a result, better value for their produce. FPOs can leverage the strength of collectivization to facilitate farmers with ample number of opportunities to become a key stakeholder in the Value chain. The government is looking to create 3,500 farmer producer organisations (FPOs) in next three years.

Introduction

Samunnati and The Economic Times, in conjunction with its institutional partners, advisory team and editorial members are delighted to invite you to 2nd Edition of “Samunnati presents The Economic Times – Farmer Producer Organisation Summit & Awards 2021”

The theme for the conference is “Stories of Stable & Sustainable growth for Farmers”. Although FPOs are still nascent, they have come a long way in the past several years and are fast becoming a critical component of the agricultural value chain in India. FPOs have the potential to give farmers better bargaining power and create a more transparent agri-market, and they need to be nurtured to their full potential.

This conference is designed to rediscover and remember FPOs’ successes, strengths, and periods of excellence. In the conference various panel discussions and sessions would be conducted in order to understand what more can be done, creating solutions which will work for the FPOs and agri ecosystem, creating a sustainable environment.

2nd Edition of Samunnati -The Economic Times -FPO Summit & Awards 2021

Stories of Stable & Sustainable growth for Farmers   Samunnati and The Economic Times understand that agriculture plays an important role in our country’s economic growth. We will be focusing on new policies and bills for farmers, different FPO models and try to see how it can be made sustainable. We will talk about innovative technologies which can support farmers in order to get maximum yield, providing financial solutions to farmers and arbitrators and creating robust supply chains for input and output.

Get In Touch

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