Farmer producers' organization incorporated/ registered either under Part IXA of Companies Act or under Co-operative Societies Act (including Mutually Aided or Self-reliant Cooperative Societies Act by whatever name: it is called) of the State and formed for the purpose of leveraging collectives through economies of scale in production and marketing of agricultural and allied sector.
- Eligibility criteria for FPO
- FPO with a minimum farmer members' size of 300 shall be eligible under the Scheme. ( For Agri Infra projects Min 500 Members)
- Existing FPOS will be allowed to avail credit guarantee In case the FPO has already availed credit guarantee earlier under any scheme of Gol or any other scheme, the connected Credit Facility should be closed or it should be different from the one for which Credit Guarantee application is being submitted by the bank for availing credit guarantee under the Scheme. The FPOS which are already registered but have not been provided funds under any other schemes and have not yet started operation will also be covered under the Scheme.
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