Agriculture plays a very important role in both economic development and nation building. NABARD is continuously working for the prosperity of rural and agricultural sector. The government has launched a central sector scheme titled “Formulation and Promotion of 10,000” Farmer Produce Organization (FPO)” with a clear strategy and committed resources to create and promote 10,000 new FPOs in the country. Under this scheme a dedicated fund has been set up to provide credit guarantee to FPOs.
is registered in the trust Mumbai and signed by the officials of Ministry of Agriculture and Farmers Welfare and NABS protection.
CGFTFPO is only second such trust formed in agriculture and allied sector to provide credit guarantee. It is expected that the credit guarantee given through the trust will enhance the credit worthiness of the FPO besides facilitating cost effective production and productivity thereby providing higher net income to the member farmers of the FPO.