nabard schemes for farmer producer company

    1. National Bank for Agriculture and Rural Development (NABARD) in India provides various schemes and financial assistance to Farmer Producer Companies (FPCs) to support their development and enhance the agricultural sector. Keep in mind that scheme details and availability may change, so it’s recommended to check the official NABARD website or contact NABARD directly for the most up-to-date information. Here are some of the schemes and support mechanisms that NABARD has historically offered to FPCs:

      1. Farm Sector Promotion Fund (FSPF):

        • FSPF is a scheme by NABARD to provide financial assistance to FPCs for various activities, including formation, capacity building, market linkage, and infrastructure development.
      2. Credit Guarantee Fund for FPCs (CGFFPC):

        • CGFFPC is aimed at providing credit support to FPCs by offering a credit guarantee cover to the lending institutions, encouraging them to extend credit facilities to FPCs.
      3. Interest Subvention Scheme (ISS):

        • Under ISS, NABARD provides interest subvention to FPCs, which helps in reducing the interest burden on short-term credit to farmers engaged in various agricultural and allied activities.
      4. Venture Capital Assistance (VCA) Scheme:

        • The VCA scheme supports FPCs by providing financial assistance for their capital expenditure, innovation, and technology adoption. It helps in strengthening the financial base of FPCs.
      5. Producers Organization Development Fund (PODF):

        • PODF is a fund to support the development of Producers Organizations (POs), including FPCs. It focuses on building the capacities of these organizations for effective functioning.
      6. Market Infrastructure Fund (MIF):

        • MIF supports the creation and upgradation of market infrastructure facilities by providing financial assistance to FPCs and other market participants.
      7. Micro Irrigation Fund (MIF):

        • While not specific to FPCs, the Micro Irrigation Fund supports the adoption of micro-irrigation systems by farmers, which can indirectly benefit FPCs by enhancing agricultural productivity.
      8. Warehouse Infrastructure Fund (WIF):

        • WIF provides financial assistance for the creation and upgradation of warehousing infrastructure. FPCs involved in storage and warehousing activities can benefit from this scheme.
      9. Producers’ Organization and Innovation Credit (POIC):

        • This scheme aims to provide credit support to FPCs, farmers, and other stakeholders involved in agricultural and allied activities for innovation and value addition.

      For specific and updated information on NABARD schemes for Farmer Producer Companies, including eligibility criteria, application procedures, and current status, it is recommended to visit the official NABARD website or contact NABARD directly. Additionally, FPCs may also explore schemes offered by other government agencies and financial institutions to diversify their sources of support.