What does word P Stands for in abbrevation FPO ........

Agriculture and Rural Development (Phase-I/II) Present scenario in Indian Agriculure

Directions: Read the following passage and answer the questions.

The Cabinet Committee on Economic Affairs (CCEA) has approved a scheme for (FPOs) " to form and promote 10,000 new FPOs .FPOs will be formed and promoted through Cluster Based Business Organizations (CBBOs) engaged at the State/Cluster level by implementing agencies.
FPOs will be promoted under "One District One Product" cluster to promote specialization and better processing, marketing, branding & export by FPOs.
Benefits: Through formation of FPOs, farmers will have better collective strength for better access to quality input, technology, credit and better marketing access through economies of scale for better realization of income.

What does word P Stands for in abbrevation FPO ?

Protection

Producer

Plantation

Post Harvest

Profitablity

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Explanation:

A Farmer Producer Organisation (FPO) is a legal entity formed by primary producers, viz. farmers, milk producers, fishermen, weavers, rural artisans, craftsmen. A PO can be a producer company, a cooperative society or any other legal form which provides for sharing of profits/benefits among the members.